When it comes to equipment financing, IT and related services now get the biggest sector slice of the new business pie, according to the 2018 Survey of Equipment Finance Activity by the Equipment Leasing and Finance Association.
Industry Trends
Ask yourself: Why do businesses ranging from mom-and-pop operations to Fortune 100 companies finance their equipment? The answer: Equipment financing gives them access to a wide range of benefits.
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The Tax Cuts and Jobs Act of 2018 (TCJA) is positioning plastics processors for more growth and profitability following the most recent Plastics Processing Index showing the best quarter since 2013 when the index began.
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As robotics becomes increasingly common in the manufacturing process, industry leaders face an imperative to learn more about implications of high-level automation.
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With financing provided by Key Equipment Finance, Maui’s first large-scale photovoltaic (PV) solar project came online on Saturday on land owned and managed by Haleakala Ranch Company in South Maui. The 11.3-acre project, located in Haleakala Ranch pastures mauka of Pi‘ilani Highway near the Maui Research & Technology Park in Kīhei was created in partnership with Maui Electric Company and Kenyon Energy.
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Professionals in the federal IT procurement space are often fascinated to learn how extended-payment options can assist federal agencies in being innovative, even in uncertain fiscal times.
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Banks and finance companies are seeking creative funding solutions to help small and medium-sized cities finance their infrastructure improvements, explains Amy Gross, senior vice president of Key Government finance, in this new video from the Equipment Finance Advisor's Thought Leadership Video series.
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TJM Drilling Equipment & Supply Co. knows that the true value of equipment comes from using it, which is one reason why they offer their customers customized equipment financing from Key Equipment Finance.
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Key Equipment Finance today announced it has provided $5.1 million in financing to Wayne, PA.-based Dynamic Energy Solutions, LLC for a 2.55 (DC) megawatt solar farm near Geneva, N.Y. producing energy for Hobart and William Smith Colleges (HWS).
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Businesses with operations in both the United States and Canada can benefit from unique advantages if they select the right equipment financing partner to provide capital and strategic support.
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