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November 22, 2016
New business volumes for equipment finance in the US rose by 6% year-on-year in October, according to the Equipment Leasing and Finance Foundation (ELFA). The Monthly Leasing and Finance Index (MLFI-25) found October new business volumes of $8.2bn, which also indicated a 13% fall from September 2016’s value of $9.4bn. Receivables also followed the pattern...
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