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Economic Contribution of the Equipment Finance Industry https://t.co/qYUt2pakXF
NEFA – 2019 Funding Symposium https://t.co/oo0Ww1X7e8
I have attached a copy of a NEFA presentation that I have presented at an earlier NEFA events.
Examine several different areas of Reg. B that have recently been amended, challenged or updated.
Please read the attached and notice how required accounting practices are catching up with the increase popularity of multi year leasing. #balance #leasing #smallbusiness #marketplace #businessstrategy #finance #loans #wecanhelp #savings #credit #business https://t.co/DPVXA2Rfgo
Confidence is up and so is leasing and financing. Contact us for more information! #lammproconsultancy #financing #leasing #confidence #lowinterestrates #lawyer #consultant https://t.co/xvOGHTfw7O
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2 days ago
Equipment finance not only contributes to businesses’ success, but to U.S. economic growth, manufacturing and jobs. Seventy-eight percent of U.S. companies use some form of financing when acquiring equipment, including loans, leases and lines of credit (excluding credit cards).
In 2018, a projected $1.676 trillion will be invested by U.S. businesses, nonprofits and government agencies in plant, equipment and software. Approximately 63%, or $1.059 trillion of that investment, will be financed through loans, leases and lines of credit. America’s equipment finance companies are the source of such financing, providing access to capital. Equipment finance companies also finance the export of U.S. manufactured products abroad.
Of the total market for financing in 2015, banks accounted for 47% of financed acquisitions, manufacturer or vendor financing accounted for 30% and independents accounted for 16%.
ELFA members finance the acquisition of all types of capital equipment and software including:
Rail cars and rolling stock
Trucks and transportation equipment
Business, retail and office equipment
IT equipment and software
Manufacturing and mining machinery
Vessels and containers
Construction and off-road equipment
Medical technology and equipment
MLFI-25: Monthly Leasing and Finance Index
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) reports on activity in the $1 trillion equipment finance industry, such as New Business Volume, Aging of Receivables, Net Investment at Risk, Average Losses, Credit Approval Ratios, and Total Number of Employees. View the MLFI-25
Source: www.elfaonline.org/about/industry-overview ...
1 week ago
Jim, thank you kindly for taking the time out of your day to leave me a review. We welcome feedback, and it is always nice to hear when we have met a client's expectations. We are always here to help. www.lammpro.com ...
2 weeks ago
Lamm Pro Consultancy, Inc. and LammLaw, P.C. integrate business and legal advisory services with innovative and effective litigation, documentation, compliance and workout solutions. Anthony L. Lamm specializes in legal matters related to Finance, Secured Lending and Equipment Leasing. With over 25 years of experience, Lamm is dedicated to offering clientele, legal counseling and advisory services.
Lamm Pro collaborates with clients to obtain and structure their financing and registration needs for their formation and operation with a unique flexibility in regards to time, rate, and scope. Lamm applies his experience navigating current legal issues by assisting clientele with his knowledge of federal regulations and state statutes regarding Government characterizations of commercial transactions as consumer. Together, Lamm Pro and LammLaw provide both your business advisory services and legal representation needs.
We invite you to visit us online for a deeper dive into our offerings. We sincerely hope you will visit our Lamm Pro website and Anthony Lamm, Esquire’s LinkedIn legal profile.
If you would like to discuss any legal needs you may have or where we could be of assistance, please feel free to contact us.
#business #finance #needs #discuss #smallbusiness ...