Leasing Drives Growth In U S Business Scene In 1963
New depreciation rules and optimistic mood spur a shift toward leasing of production and office equipment. Firms estimate 1981 leasing at 900 million, likely to exceed 1 billion in 1963, with terms longening to five years or more and rates falling as lease firms access cheaper funding. Leasing also funds mergers, acquisitions, and expansion without diluting control.
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New York
Robert Sheridan
Nationwide Leasing Company
Chicago
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