Confidence edges up in equipment-finance industry

02/23/2012 | EquipmentWorld.com

Confidence in the equipment-finance market is growing, according to the Equipment Leasing & Finance Foundation's monthly index for February. The index reached 59.6, compared with January's 59. Despite a cautious view of the global economy, survey participants were optimistic about the industry for 2012. "The current outlook would indicate strong growth in loan and lease demand for equipment finance through 2012," said Russell Nelson, president of Farm Credit Leasing Services.

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