Industry Trends

By Amy Thomas in Industry Trends Posted March 6, 2023

Top 10 equipment finance trends for 2023

U.S. businesses will spend more than $2 trillion in equipment and software this year, and a significant amount of those assets will be financed. Below are the Top 10 Equipment Acquisition Trends for 2023, according to the Equipment Leasing and Finance Association.


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By Amy Thomas in Industry Trends Posted January 3, 2023

Key Equipment Finance leader highlights interest in business jets

Interest in business jets as a way to avoid traditional airlines has increased, according to Peter Bullen, Executive Vice President Bank Channel and Clean Energy at Key Equipment Finance.


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By Amy Thomas in Industry Trends, Thought Leadership Posted June 1, 2022

Using financing to combat labor shortages in food manufacturing

The manufacturing industry has been hit hard with labor shortages, making it imperative that companies find innovative ways to increase productivity with fewer people.


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By Amy Thomas in Industry Trends Posted January 7, 2020

ELFA Operations and Technology Conference energizes participants

Client experience, skill development, leadership and networking were top activities during the 2019 Operations and Technology Conference of the Equipment Leasing and Finance Association.


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By Amy Thomas in Industry Trends Posted January 6, 2020

2020 forecast: Weak growth for equipment investment

Investment in equipment and software is projected to expand 1.1% in 2020 while U.S. economic growth slows to 1.7% according to the recently released 2020 Equipment Leasing & Finance U.S. Economic Outlook by the Equipment Leasing & Finance Foundation.


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By Amy Thomas in Industry Trends Posted October 25, 2019

Report: Growth slowing for economy, equipment finance industry

Although a recession in the next six months appears unlikely, business conditions for the equipment finance industry are also unlikely to improve materially over the rest of the year, particularly for equipment verticals that serve the manufacturing sector, according to the Q4 Equipment Leasing & Finance U.S. Economic Outlook recently published by the Equipment Leasing & Finance Foundation.


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By Amy Thomas in Industry Trends Posted August 2, 2019

Equipment finance reports show slowing growth

Equipment and software investment growth is likely to slow in 2019 to 3.9%, according to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released earlier this month from the Equipment Leasing & Finance Foundation. The forecast is down from a 4.5% expansion predicted in the Q2 update.


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By Amy Thomas in Industry Trends, Government Posted February 27, 2019

Financing enables government investment in digital workspace tech

In response to changing technology that enables employees to work from anywherehome, on the road or in their offices—government IT leaders are seeking ways to improve digital workspaces so workers can experience greater flexibility and efficiency.


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By Amy Thomas in Industry Trends, Company News Posted February 18, 2019

KeyCorp named one of world's 100 most sustainable companies

KeyCorp, parent company of Key Equipment Finance, was recently named one of the world’s most sustainable companies by Corporate Knights, a research firm that produces rankings and financial product ratings based on corporate sustainability performance.

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By Amy Thomas in Industry Trends Posted February 7, 2019

Article: Lease accounting changes for industrial equipment

Technology is advancing rapidly, and as new machinery begins to benefit businesses it’s important to consider how upcoming lease accounting changes will influence equipment acquisition strategies, according to a recent Industrial Machinery Digest article by Toni Larson, senior vice president of industrial equipment.


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