Leasing expert witnesses may testify on commercial leasing, lease purchases, rental agreements, and related topics. In the Monthly Lease & Financing Index, the Equipment Leasing and Finance Association shows new business up 24% from 2010.
ELFA reports that economic activity for the equipment finance sector shows overall new business volume for January was $4.2 billion, up 24% compared to same period in 2010. Receivables over 30 days increased slightly to 2.8% in January from 2.7% in December, but declined by 35% compared to same period in 2010. Charge-offs declined significantly, falling to 1.0% from 1.4% in December, and also showed improvement over same period in 2010.
The latest Monthly Leasing and Finance Index, including methodology and participants is available at http://www.elfaonline.org/ind/research/MLFI/