The State of Credit Quality:Where We Have Been and Where We Are Going
By PayNet, Inc.
This study investigates two key issues facing the equipment finance industry.
- Determine if there are any early signs of cyclical macro-economic weakness, and potentially, any resulting signs of declining EF portfolio heath
- Determine if the changes made to underwriting standards and portfolio management after the last recession will have a quantitative impact on portfolio performance during the next downturn
The study leverages PayNet's Inc.'s (PayNet) database, the Equipment Leasing and Finance Association (ELFA) Annual Survey of Equipment Finance Activity Report (SEFA) and Monthly Leasing and Finance Index (MLFI), and a variety of other industry and general sources to examine these research topics.