Delinquencies on loans, leasing and lines of credit related to capital expenditure increased in September, the Equipment Leasing and Finance Association said Monday. There was a marked worsening of portfolio quality, according to Ralph Petta, interim president of the association. ELFA's capex-financing index, which tracks lending for equipment purchases, fell 30.9% in September from the same month in the previous year to $4.7 billion.

Full Story:

Related Summaries