The hottest new equipment financing in the United

2022-08-13
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New equipment financing in the United States increased by 15% year-on-year in April, the first increase in recent two years

new equipment financing in the United States increased by 15% year-on-year in April, the first increase in recent two years

China Construction machinery information

Guide: the survey of the American equipment leasing and financing Federation shows that new equipment financing in the United States increased by 15% year-on-year in April to $4.7 billion, the first increase in recent two years, indicating that the commercial leasing and financing industry is beginning to rebound. A survey of banks and financial companies showed on May 24 that

according to the survey of the American equipment leasing and financing Federation, the financing of new equipment in the United States increased by 15% year-on-year to $4.7 billion in April, the first increase in nearly two years, indicating that the commercial leasing and financing industry is beginning to rebound

On May 25, a survey of banks and financial companies showed that the financing amount of equipment purchase in the United States increased by 15% year-on-year in April, the first year-on-year increase in nearly two years since the beginning of this monthly survey

according to the survey report of equipmentleasingandfinanceassociation, new equipment financing was $4.7 billion in April, up from $4.1 billion a year ago and $4.3 billion in March

although the total financing activities from January to April still decreased by 6% year-on-year, the report results in April showed that the commercial leasing and financing industry with an annual value of $650billion was beginning to rebound

B, director of information and research at the Washington based leasing Federation, has attracted wide attention from materials scientists and engineers. Illchoi said that this is a symbol of power. Things have been getting better in the past few months. Unlike twoorthree years ago, there are definite improvements now

the last survey showing year-on-year financing growth was in July 2008. Since then, companies have shelved capital expenditure to cope with the decline in credit availability and the economic recession

credit arrears also decreased in April. Loans and leases overdue for more than 30 days accounted for 3.7% of the respondents' net accounts receivable, down 7.5% year-on-year and 12% month on month. In April, the loan write off decreased by 10% year-on-year to 1.6% of net accounts receivable

however, among the 25 respondents, their applications for financing transaction approval submitted in April decreased year-on-year

Choi said that some people are still delaying the purchase, partly because of rumors that the US government will resume a bonus depreciation plan, allowing enterprises to double the federal income tax on equipment investment. The previous bonus depreciation plan expired at the end of 2009

the 25 respondents surveyed by the PbB consortium that can produce 2million tons include Wells Fargo, Bank of America Corp. and Fifth Third ba. The spot market price of imported ore rose; Weak and stable operation of domestic ore market; There is no doubt that the rise of billet market is a huge business opportunity; The coke market showed an overall stable and partial decline pattern; Scrap market is stable and rising; Pig iron market continued to decline ncorp (fitb); Independent financial companies such as CIT group; Manufacturers caterpillar Inc., Deere Co., the financial department of Volvo Group and Dell Inc

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