EXCLUSIVE-UPDATE 1-US capex lending on upswing--big lender group

Newswire

* Business loan originations up in May from prior year * Delinquencies, write-offs down in May from prior year * Head of trade group says 'heading in right direction' By James B. Kelleher DETROIT, June 22 (Reuters) - An important measure of U.S. business borrowing "appears to be heading in the right direction," according to a trade group representing lenders that finance half the capital equipment investment in the United States. The Equipment Leasing and Finance Association said a ...

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