The equipment finance sector is forecasted to grow nearly $20 billion in 2013 from 2012 to a total of $742 billion, says the Equipment Leasing & Finance Foundation.
That number includes financing by both U.S. business and government entities.
ELLF says that the equipment finance industry is at an all-time high and has returned to levels last seen before the recession. The Foundation’s Equipment Finance Market Study for 2012-2013 projects this year’s finance number to peg $725 billion.
For the full report, see CCJ sister site Overdrive‘s article.
