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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. It is time for contractors to get serious about the FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).

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March New Leasing Volume Up 10 Percent Over 2016

Construction Equipment

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for March was $8.9 Volume was up 51 percent month-to-month from $5.9

Leases 48
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Equipment Leasing, Finance Grows in August but Down for 2016

Construction Equipment

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed a 12 percent increase in new-business volume in August compared to August 2015. Volume as $7.7 billion, up 10 percent from July.

Leases 79
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New Leasing Business Down 19 Percent in July: ELFA

Construction Equipment

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for July was $7.9 Volume was down 19 percent month-to-month from $9.8

Leases 49
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ELFA Monthly Leasing and Finance Index: June Up 5% YTD

Construction Equipment

The Equipment Leasing and Finance Association’s ( ELFA ) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for June was $9.8 Volume was up 27 percent month-to-month from $7.7

Leases 50
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March New Leasing Volume Up 10 Percent Year-over-year,

Construction Equipment

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for March was $8.9 Volume was up 51 percent month-to-month from $5.9

Leases 49
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Confidence in Equipment Leasing Market Drops 10.5 Percent

Construction Equipment

The Equipment Leasing and Finance Association (ELFA) released its February Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) that shows confidence in the equipment financing sector dropped from January's 54.0 February 2016 Survey Results : Business conditions over the next four months: index to February's 48.3.

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