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May 26, 2015

Industry confidence strong in May

Washington, DC--The Equipment Leasing & Finance Foundation released the May 2015 ‘Monthly Confidence Index for the Equipment Finance Industry’ (MCI-EFI), reporting that overall, confidence in the equipment finance market is 67.5, slightly lower than the April index of 70.7.

May 2015 Survey Results:

The overall MCI-EFI is 67.5, slightly lower than the April index of 70.7.

  • When asked to assess their business conditions over the next four months, 30.8 per cent of executives responding said they believe business conditions will improve over the next four months, down from 44.4 per cent in April.
  • 34.6 per cent of survey respondents believe demand for leases and loans to fund capital expenditures (capex) will increase over the next four months, down from 48.2 per cent in April.
  • 38.5 per cent of executives expect more access to capital to fund equipment acquisitions over the next four months, up from 25.9 per cent in April. 57.7 per cent of survey respondents indicate they expect the “same” access to capital to fund business, down from 74.1 per cent in April.

To view the full index,  click here.

 

 

 

 

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