Businesses appear willing to invest a little more this year, but the hoped-for flood of hoarded corporate cash still seems unlikely, amid lingering fiscal uncertainty and caution over the economy. A modest spending rise occured despite the U.S. governments New Year’s deal to avert most of the tax hikes in the…
Is lending still tight? Many small business owners feel it is. While larger businesses are on a path to recovery, many small businesses feel left behind. Small-business owners are increasingly pessimistic about their prospects, largely because of a greater regulatory burden, including the health care law. Another concern is lending,…
The White Clarke Global Leasing Report was released recently. The report tracks the worldwide market for leasing products and world trends in auto and asset finance. After two abysmal years, the industry began to recover in 2010. Interim figures and commentary looked promising, but conclusive, hard data, from more…
According to a survey released by the Equipment Lease Finance Industry (ELFA)confidence in the equipment finance market is 54.2, an increase from the December index of 48.5, reflecting industry participants’ improved outlook amid ongoing concerns with economic conditions and management of fiscal issues. The Equipment Leasing & Finance Foundation…
The Thomason Reuters/PayNet Small Business Lending Index jumped modestly between September and November 2012. The Index, which measures the number of new commercial loans and leases to small businesses, now stands at 108.3, up from 94.1 in September. It reached its low of about 65 in mid-2009. The most recent…
The Equipment Leasing and Finance Association (ELFA) which represents the $725 billion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2013. Given that every year U.S. businesses, nonprofits and government agencies spend in excess of $1.2 trillion in capital goods or fixed business investment (including software),…
Allan Levine, COO Small businesses are finding loans are scarce and are looking to other sources of financing such as crowdfunding. One example is EarlyShares, which is similar to Kickstarter but funds companies instead of projects. The Securities and Exchange Commission still has to finalize regulations for more investors…
Tom Myers, VP Business Development I recently came across a really good article by Sapan Jain, country executive for IBM Global Financing, on why lease financing makes a lot of sense for companies acquiring IT equipment. Mr. Jain points out that because of fast approval times and the quick dispensation of funds by financiers…
There is an interesting new IT report conducted for ELFA by Capgemini’s asset-finance practice, which addresses the state of the IT industry from a technology perspective. The report serves as an industry benchmark for information technology, operations direction and spending, and it represents a summary of survey responses and key…
Tom Myers, VP Business Development I talk with a lot of business owners; many are trying to respond to market opportunities by expanding their business. Often new or used equipment and/or vehicles are needed. Many businesses are having a difficult time obtaining bank financing and they are not aware of…
