2010 Equipment Finance Activity Up 3.9 Percent Overall

PricewaterhouseCoopers LLP managed the 2011 SEFA. The results were compiled from surveys sent to 330 eligible ELFA members in the first quarter of 2011. A total of 114 members representing 108 companies submitted 2010 U.S. domestic lease and loan data. Of the 2011 respondents, 84 percent also submitted data to the 2010 survey, including nine ELFA members in the 2011 Monitor Top 10 and 38 ELFA members in the 2011 Monitor Top 50 of the largest U.S. equipment finance organizations.

The data are presented by organization type (bank, captive, independent); market segment (micro-ticket, small-ticket, middle-ticket, large-ticket); organization size; and business model (direct, vendor, third-party, mixed). For most categories, data is reported for the past two fiscal years, 2010 and 2009.

Equipment types financed, as explored in the survey, include agriculture, aircraft, construction, computers, telecommunications, rolling stock, printing, medical, industrial, trucks and trailers and other equipment types. Types of financing offered by the equipment finance companies include tax-oriented finance leasing, short-term operating leases, leveraged leases, conditional sales agreements, off-balance sheet loans and tax-exempt leasing.