Less Than 20% of Equipment Finance Firms are Leveraging Emerging Technologies

Did you know…

  • 734 executive leaders, 216 firms, 53 of the Monitor 100 and 27 of the top 50 asset-based lenders recently participated in a survey to reveal key insights on recent technology trends.
  • Less than 20% of equipment finance leaders and 25% of ABL leaders see their firms leveraging emerging technologies.
  • The second largest obstacle to adopting new breakthrough technologies across the secured finance industry is “resistance to change.”

On March 7, Secured Research and Data Solutions, a Monitor/ABF Journal joint venture, will present these findings and more in the 2024 Secured Finance Industry Technology Survey, sponsored by Solifi. When the survey launches, we invite you to review the limited release of the research and to access the full report with your Monitor Suite membership.

In the research, we measure responses, offer drill-downs and deliver key takeaways in the following areas:

  • Organizational commitment to digital innovation
  • What functional areas will technology advancements be needed most urgently
  • If, how and where companies are investing in emerging technologies
  • Promising areas of growth and innovation
  • (Equipment Finance Only) As-a-service, used-based and consumption model trends
  • And 13 additional critical topics!

A free limited version of the report will be available upon release on March 7, with the full report available with your Suite membership. Become a Suite member here.

Monitor/ABF Journal + Sawbux = Secured

Secured is a joint venture between the publications, events and training capabilities of Monitor/ABF Journal and Sawbux, a leading marketing, research, data and analytics firm specializing in commercial finance. We’re combining the brand strength of the 50-year leading independent voice of commercial finance with a unique multi-million-dollar research engine that’s been serving finance decision-makers for more than 14 years.

Moving into 2024, the brands you’ve trusted with the information to drive your daily decisions will be able to provide you with the information to drive your tomorrow.

Learn more about Secured by going to securedresearch.com.

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Terry Mulreany
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Susie Angelucci
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