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Agricultural equipment leasing is steadily on the rise!The Equipment Leasing Association (ELA) forecasts the use of farm equipment leasing and financing will reach "$10 billion in terms of annual volume
this year, representing a 55 percent penetration rate of equipment acquisitions". The report, Construction and Agricultural Equipment Leasing, 2004: U.S. Market Dynamics and Outlook, states that in 2005 the annual volume of agricultural equipment lease financing
is forecast to increase to $10.5 billion. |
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