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tick New business volumes in the US market grew to some $112bn (9.3% up year on year) in 2013. This is lower than prior year-on year increases
tick Upward growth trend has continued in 2014, with NBV rising by around 4% to date.
tick Strongest growth in asset finance is expected in construction and transportation, including trucks and railroad financing. This is driven by infrastructure development and a resurgent house-building sector.
tick Growth in the auto sector is ahead of expectations, with total light vehicle sales reaching levels not seen since before the credit crunch. This trend is forecast to continue into 2016. Vehicle finance through leasing has continued to rise.
tick Business confidence generally has been affected by fluctuations in output and employment, as well as by the ongoing congressional gridlock.
tick Low interest rates and favourable offerings through captive lenders have boosted sales for auto dealers
tick FULL SUMMARY OF FINDINGS - SEE PAGE 7 OF THE SURVEY
 
INCLUDES LEADERS' INSIGHTS ON CURRENT MARKET CONDITIONS
 
Adam warner crit-dement nick small bill boscoe brendan gleeson dave mirsky Jeff Berg jonathan dodds
  • Gary Amos, Head of Commercial Finance Americas, Siemens Financial Services;
  • Jeff Berg, US Country Manager, De Lage Landen;
  • Bill Bosco, Principal, Leasing 101;
  • Crit DeMent, Chairman and CEO, LEAF Commercial Capital;
  • Jonathan Dodds, CEO - Americas, White Clarke Group;
  • Brendan Gleeson, Group EVP, White Clarke Group;
  • David C. Mirsky, Chief Executive Officer, Pacific Rim Capital;
  • Bob Rinaldi, CEO, Commercial Industrial Finance, and Chairman Elect of ELFA;
  • Nick Small, Managing Director, CIT Equipment Finance, US
  • Adam Warner, President, Key Equipment Finance;
  • Marguerite Watanabe, President, Connections Insights;
  • Stephen T. Whelan, Partner, Blank Rome LLP.
 

Terms of service: Asset Finance International Country Surveys are free because they are sponsored. By ordering this Country Survey you are agreeing to allow us to share your contact information with the Sponsor who may contact you with information and offers regarding their products and services. The Sponsor is White Clarke Group.

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