MNI article features perspectives from Key Equipment Finance

blog_projectImpactWaterIn a recent article by MNI, a provider of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, includes an overview of markets of interest to Key Equipment Finance, as well as larger economic trends.

Key Equipment Finance President Adam Warner is featured and describes healthy overall growth, although financing volume varies widely between sectors. Here's an excerpt:

Construction and transportation are growing strongly after being hit hard during the recession while technology and health care financing is increasing at a slower rate of about 2-3%, he said.
Lending to freight railroad companies also has slowed, probably because of uncertainty surrounding the federal regulation of tank cars used for transporting crude oil from booming U.S. oil fields, and hoppers used to carry sand for fracking, Warner said.
Lending to municipalities for capital items such as technology infrastructure, police cars and waste-management equipment has been growing strongly and is expected to continue that way as local tax revenues expand, Warner said.
He predicted Key - the third-largest U.S. bank lessor by volume - will grow by 7-8% this year after a 5% increase in 2014. 
"There's a lot of confidence," he said. "In spite of the anemic economic reports, people seem to be unusually optimistic."

The complete article can be found here.

 

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