US business equipment borrowings fall 10% Y/Y in August, ELFA says

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Equipment Investments,Lines Of Credit

New loans, leases and lines of credit signed up by companies in August were also down 17% from $11.1 billion a month earlier. The Washington-based trade...

- U.S. companies borrowed 10% less to finance equipment investments in August compared with the year-ago period, the Equipment Leasing and Finance Association said on Tuesday.

The Washington-based trade association, which reports economic activity for the over $1 trillion-worth equipment finance sector, also said that credit approvals for U.S. companies in August, at 76%, were unchanged from July. Chelsea vs Barrow LIVE: Carabao Cup latest goals and updates as Nkunku and Felix score in first-half routMANCHESTER, England — Manchester City midfielder Rodri has been pictured arriving in Spain for tests on a right knee injury sustained against Arsenal in the Premier League over the weekend.

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