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December 3, 2012
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Daily news for the equipment finance sector

  Industry News 
  • Small-business lending rose in October, PayNet says
    The Thomson Reuters/PayNet Small Business Lending Index rose to 107.5 in October from 96.4 in September and small-business lending is up 11% from October 2011. PayNet founder Bill Phelan attributes the increase to a rise in optimism. Smaller companies "are seeing some profit-producing opportunities, and are wading in," he says. Reuters (12/3) LinkedInFacebookTwitterEmail this Story
  • Manufacturing surge means China could keep 7.5% growth target
    The sudden recovery of industrial output in China suggests that its new leadership led by Xi Jinping is preparing to pursue a 7.5% growth target next year. The National Bureau of Statistics and China Federation of Logistics and Purchasing said manufacturing output in November reached its highest level in six months. The benchmark for new orders was the highest since April. Bloomberg (12/3), Xinhuanet.com (China) (12/3) LinkedInFacebookTwitterEmail this Story
  • Delta reportedly bids for hefty stake in Virgin Atlantic
    Singapore Airlines is discussing the possible sale of its 49% stake in Virgin Atlantic with several bidders including U.S. carrier Delta Air Lines, people familiar with the matter said. Delta is interested in Virgin's landing rights at London's Heathrow Airport, they said. Reuters (12/2) LinkedInFacebookTwitterEmail this Story
  Market Trends 
  • Indian business outlook dims
    A clouded outlook both for India and the global market is cited as Indian businesses indicate lower levels of confidence in the latest quarter. "Moderation in economic growth along with high and stubborn inflation appears to be the main concern in business operation," the NCAER-MasterCard Worldwide Index of Business Confidence report notes. The Economic Times (India) (12/2) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • Schapiro puts off JOBS Act rule about raising capital
    Securities and Exchange Commission Chairman Mary Schapiro, in one of her last acts running the agency, delayed ending a ban on companies advertising unregistered securities. Currently, only wealthy investors can legally obtain such unregistered shares. The measure to expand the sale of such securities to a wider audience, and thus ease the ability to raise capital, was part of the Jumpstart Our Business Startups Act. The Washington Post (12/1), The Wall Street Journal (12/2) LinkedInFacebookTwitterEmail this Story
  ELFA Member News 
  ELFA News 
  • Looking to recruit?
    Are you looking for top-quality candidates to join your organization? The secret to running a successful company is hiring great people. Set up your organization for success with the ELFA Career Center, the leasing and equipment finance industry's premier online employment resource. To post your job opening, visit the ELFA Career Center, create an account and post your job. You'll see results: so far in 2012, our job postings have received an average of 603 views per job and 15 apply button clicks. Questions? Visit http://careers.elfaonline.org or contact Job Posting Sales at postings@boxwoodtech.com or 866-964-2765.

    Current jobs posted include:
    • Director, Risk Management
    • Pre-Sales Consultant
    • Business Intelligence Report Developer
    • Senior Business Analyst / Project Manager
    • Business Analyst LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Silent gratitude isn't much use to anyone."
--Gladys Bronwyn Stern,
British writer


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