The equipment finance industry is looking positively on its prospects for 2018, an outlook defined by predictions of a brighter year for the U.S. economy, surges in business investment, well positioned equipment verticals, strong portfolio performance, federal policies favorable to business, and a global growth resurgence, among other factors.
A new article in Equipment Leasing & Finance magazine, a publication of the Equipment Leasing and Finance Association, explores the topic, and includes comments from Key Equipment Finance CFO Deborah Brady.
"As we approach the new lease accounting standard’s effective date, there will be an increasing focus on developing strategies and products that are beneficial to our clients under the new framework," she said. "The passage of the tax reform bill will further intensify the need to understand how external factors will impact our customers and our ability to modify our offerings accordingly."
The article goes on to point out a few downside risks, including protectionist U.S. trade policies and the lack of a strong rebound in construction activity.
See the complete article here: