| More companies acquire new productive equipment through leases than through loans. Of the $697 billion spent by business on productive assets in 2001, $216 billion, or 31 percent, was acquired by American businesses through leasing. In 2002, that figure is estimated at $204 billion. The projected 2003 volume is $208 billion.
ELA (Equipment Leasing Association) Reports: "In 2002, this survey found that 73 percent of businesses lease equipment, citing the top three reasons to lease as the ability to manage company growth, take advantage of the latest technology, and improve asset management."
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