Loans and leases for business equipment increased 10.7% last month compared with May 2011, an ELFA survey found. Volume rose 1.6% from April to May. “Although overall spending has steadily increased since the financial crisis, pockets of the market are still tenuous as some customers are canceling or postponing [capital-expenditure]…
Madison Capital Equipment and Vehicle Leasing In what appears to be a good sign for the economy, small business loans are increasing, according to a recent report of small business owners. 61% of small business owners are optimistic about the next 12 months and expect to expand. Read more here.
Manufacturing equipment orders climbed more than 12% for Q1 for the first quarter compared with the same period last year, reaching $1.35 billion, according to the Association for Manufacturing Technology. However, Industry Week reported insufficient access to credit continues to be an “obstacle to future growth. “Manufacturing is expanding, with…
Interested in a more cost effective way to manage your billing and collections? Have a mid-sized portfolio too large to manage without a significant investment in infrastructure? Not large enough for the huge 3rd party providers? Consider Madison Capital’s experienced portfolio servicing team. We provide: Billing and Collections Insurance Tracking…
Madison Capital Equipment & Vehicle Leasing The lending environment for small businesses is mixed, and much depends on the company in question. However, even solid companies with strong sales growth are finding they must be aggressive in seeking loans for expansion. Most loan officers are happy to bury you in…
The California Air Resources Board is offering a lease-to-own financing program that encourages small-business owners to replace their older diesel trucks with cleaner new equipment. Officials said the objective is to encourage early compliance with ARB’s on-road diesel vehicle and tractor-trailer greenhouse gas regulations. “This is a program that benefits…
The Equipment Leasing & Finance Foundation has released the March 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 61.7, up from the February index of 59.6, indicating industry participants are optimistic despite concerns that external factors, including gas prices and…
The financial strain placed on the overall economy has increased pressure on financing companies to find more efficient ways of processing their business while maintaining a high level of support for their partners and customers alike. Governmental oversight has only added to the pressure businesses face today. Competition has increased…
The Thomson Reuters/PayNet Small Business Lending Index climbed 18% in January compared with January 2011, reaching 100.8. The increase, the 18th consecutive double-digit gain, suggests small businesses are stronger than previously thought. However, the index was higher in December, as companies hurried to finish business before year-end. “It’s like a…
Excitement is building for the new iPad 3 Apple will soon be releasing. The tablets are no longer just a cool gadget but are becoming more popular with businesses needing to enhance productivity and communication for employees. If you need assistance financing your iPad please consider our flexible lease financing…
