Equipment Financing Up, But Office Copiers Continue Decline

Posted on September 16, 2020 by mailomg in memo 496 // 0 Comments

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According to the Equipment Leasing and Finance Association’s (ELFA) 2020 Survey of Equipment Finance Activity, the office copier segment is challenged and is expected to remain so.

Overall, new business volume grew 10.5% in the equipment finance industry in 2019.

In response to continued declines in new copier sales, original equipment manufacturers (OEMs) first fought for market share and control of the secondary market but have progressed to reductions and restructuring … (click to read more)

Click for 2020 Survey of Equipment Finance Activity

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