A new study from Biz2Credit that analyzed 2020 and 2021 industry trends among small businesses found that information technology firms received the most funding of any industry in terms of volume and the highest average amount of funding during the study time frame. read more
DEC 20, 2021 - 6:51 am
According to the Equipment Leasing & Finance Foundation’s December 2021 Monthly Confidence Index for the Equipment Finance Industry, overall confidence in the equipment finance market is 63.9, a decrease from the November index of 64.6. read more
DEC 16, 2021 - 7:01 am
According to Wilmington Trust’s 2022 capital markets forecast, in the new year, economic risks like labor shortages and supply chain disruptions will normalize, inflation will decelerate and smart technology investments will provide long-term value for businesses. read more
DEC 16, 2021 - 6:58 am
Low financial stress, an expanding housing sector and increased federal spending on infrastructure are expected to propel equipment and software investment growth by 4.6% in 2022, according to the Equipment Leasing & Finance Foundation’s 2022 outlook. read more
DEC 15, 2021 - 6:33 am
Economic improvement in the United States will continue in 2022, according to the Institute for Supply Management’s December 2021 semiannual economic forecast. This expansion will continue a growth trend that began in June 2020. read more
DEC 14, 2021 - 6:26 am
According to Umpqua Bank’s recently released 2022 economic outlook, inflation will continue to pose a challenge to the economy and be especially challenging for businesses that rely on purchased goods. read more
DEC 10, 2021 - 6:21 am
Economic activity in the services sector grew in November for the 18th month in a row, with the Services PMI setting a record for the fifth time in 2021, according to the Institute for Supply Management’s Services Report on Business for November. read more
DEC 9, 2021 - 6:21 am
According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for October was $10.7 billion, up 16% year over year from new business volume in October 2020. read more
NOV 23, 2021 - 6:08 am
According to a new study from Biz2Credit, businesses in the financial services and insurance industries have recovered the fastest from the effects of the COVID-19 pandemic compared with other industries. read more
NOV 19, 2021 - 6:42 am
According to the Equipment Leasing & Finance Foundation’s November 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 64.6, an increase from the October index of 61.1. read more
NOV 18, 2021 - 6:41 am
According to new research from Capital One and Morning Consult, 86% of middle market businesses have plans to grow their business by March 2022, with cybersecurity and employee experience among their top investment priorities. read more
NOV 10, 2021 - 6:28 am
Citizens reported that the Citizens Business Conditions Index fell slightly to a mark of 57.1 in Q3/21 from Q2/21’s reading of 57.4. Despite the decrease, Citizens said the third quarter’s reading reflects continued strength in the recovery since COVID-19 stunned the economy and markets in 2020. read more
OCT 29, 2021 - 7:00 am
According to the Equipment Leasing & Finance Foundation’s October 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 61.1, an increase from the September index of 60.5. read more
OCT 21, 2021 - 6:48 am
Owing largely to the burst of business activity in the spring and early summer that came in part thanks to rising vaccination rates, equipment and software investment is expected to grow 13.2% this year, according to the Q4 update to the Equipment Leasing & Finance Foundation’s 2021 Equipment Leasing & Finance U.S. Economic Outlook. read more
OCT 13, 2021 - 6:31 am
Small business loan approval percentages at big banks (or those with $10 billion or more in assets) increased to 14% in September. Meanwhile, approval rates at small banks rose to 19.5% in September from 19.3% the month before, according to Biz2Credit. read more
OCT 13, 2021 - 6:21 am