July 23 (Reuters) - U.S. companies borrowed more in June to invest in new equipment ranging from computer systems to aircraft, the Equipment Leasing and Finance Association (ELFA) said on Tuesday. Companies signed up for $8.6 billion in new loans, leases and lines of credit last month, up 15 percent on a month-on-month basis. The borrowing rose 8 percent from a year earlier. "Businesses continue to increase spending on capital equipment as ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
And much more!