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Article: Equipment Leasing Volume Continues to Surge; Leasing Industry Expected to Grow to $260 billion in 2000.
- Article from:
- PR Newswire
- Article date:
- November 16, 2000
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ARLINGTON, Va., Nov. 16 /PRNewswire/ --
According to the 2000 State of the Industry Report (SIR) released today by the Equipment Leasing and Finance Foundation (ELFF), the equipment leasing industry grew 13 percent in equipment leasing volume from 1998 to 1999. In 1999, the equipment leasing industry surpassed its 1998 industry performance of $207 billion and reported $234 billion in equipment leasing volume. The report predicts that with continued growth, the equipment leasing industry will reach $260 billion for 2000.
The SIR revealed the fastest growing segments of equipment leasing are software and computers respectively. Unaccounted for in the ...