U.S. business borrowing for equipment falls in December: ELFA

Companies signed up for $12.5 billion in new loans, leases and lines of credit last month, less than a year earlier, but more than double from November, ELFA said. Cumulative new business volume inched up 0.4 percent for 2015, relatively flat with 2014, ELFA said. "Now that the Fed has taken a first step toward higher long-term rates and with rock-bottom low oil prices giving way to sluggish fourth quarter growth in the U.S. economy, it will be interesting to see how the equipment finance sector