The future is a bit cloudy with talks of recession and inflation still running hot. Many of these projects have been delayed due to supply chain issues from last year. “We have a number of large projects that will be closing by the end of the year resulting in solid year-over-year growth. Michael Romanowski, President, Farm Credit Leasing, said, Staying focused on supporting our customers through changes is valuable for us to continue to grow.” Through this period, I am thoughtful about portfolio performance and potential challenges that many of our customers will face. As we see elevated rates of inflation continue and the Fed continuing to raise rates, we will adapt and find solutions to meet our customers’ needs. Over the decades the industry has overcome and prospered through recessions, a financial crisis, and a global health pandemic.”ĭavid Normandin, CLFP, President and CEO, Wintrust Specialty, said, “The finance commercial equipment finance business economy remains strong and nimble. The Equipment Leasing & Finance Foundation (the Foundation) releases the August 2022 Monthly Confidence was positive, showing the trend in the chart above.ĭave Fate, Chief Executive Officer, Stonebriar Commercial Finance, said, "The resilience of the equipment leasing and finance industry continues to demonstrate itself during 2022. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer. # surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. Top Ten Stories Chosen by Readers | Top Stories last six months Topping $1 Billion a Year, Big Ten Signs Recordīroker/Funder/Industry Lists | Features (wrilter's columns) Plans to Shift Bill for Covid Shots and Treatments JW Marriott Marco Island Beach Resort, Florida With Reviews from Leasing News' Fernando Croce
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