In a recent report issued by Standard & Poor's Ratings Service, U.S Small-Ticket Equipment Industry Continues to Evolve,' several issues affecting the rapidly growing equipment-lease sector, including growth and advances in technology were addressed.

This sector, which includes assets ranging from office equipment to telecommunications equipme, has seen larger transactions coming to the market in the past few years, indicating a speedy growth rate mainly through acquisition. Examples cited were the merger of Newcourt Credit Group Inc. and CIT Group Inc. in 1999 and the growth of Unicapital Corp. and SierraCities.com Inc.

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