As banks hunt for businesses with fatter profit margins, the equipment- leasing market has become an appetizing target.

About 80% of all U.S. companies lease all or some of their equipment, according to the Equipment Leasing Association in Arlington, Va. Leasing assets grew to $1.7 billion in 1996 from $777 million the previous year, a recent association survey of bank lessors found.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.