ELFA index: 17% more new business year to date through March


ELFA's Monthly Leasing and Finance Index shows that new business volume reached $6.8 billion last month, a 10% increase compared with March 2011 and a 36% gain compared with February. Year to date, new business volume rose 17%. Receivables over 30 days climbed 2.8%, up from February's 2.5% but down 20% compared with March 2011. Headcount at equipment-finance companies decreased 0.7% compared with February and 3.4% compared with March 2011. Read more.

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