Industry Trends (2)

U.S. businesses, nonprofits and government agencies will spend more than $1.8 trillion in capital goods or fixed business investment (including software) this year. They also will finance a majority of those assets, with these Top 10 trends impacting a significant portion of the U.S. economy, according to the Equipment Leasing and Finance Association.

Disruption in the energy sector presents significant opportunities for investors, financiers, equipment vendors and solution providers, according to a new study released by the Equipment Leasing & Finance Foundation.

The U.S. economy accelerated in 2018, posting two of the strongest quarters of growth since the recession and approaching 3% growth on the year, however recent trends and uncertainties make it likely to soften in 2019, according to the 2019 Equipment Leasing & Finance Industry Snapshot.

There are many reasons a medical practice might consider investing in new equipment. Expanding services or growing the number of offices in a group may require new machines to fill the gaps, for example.

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.

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. 

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.

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.

Financing gives companies the freedom to acquire the equipment they need, when it’s needed, and the fourth quarter is an ideal time to excercise that freedom to take advantage of tax breaks.

New business volume grew 2.5% in the equipment finance industry in 2016, according to the 2017 Survey of Equipment Finance Activity (SEFA) released this month by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume marked the seventh consecutive year that businesses increased their spending on capital equipment.