ELFA reports gain in equipment-loan origination for April

05/23/2013 | Reuters · Fox Business · Fleet Owner

An ELFA survey of credit providers found that companies originated $7.5 billion in leases, loans and lines of credit last month, a 10% increase compared with March and a 23% gain compared with April 2012. President and CEO William G. Sutton notes that April typically is slow. "But, this April, we are seeing [a] year-over-year increase ... which indicates strength in our space," he said.

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Reuters · Fox Business · Fleet Owner