Study Predicts Increase in Equipment Leasing in Second Half of 2013
According to a report released by the Equipment and Leasing Foundation, investments in software and equipment are expected to rise by 4.8 percent during the second half of this year. The report found that, after slightly slower-than-expected growth in the second quarter, small business owners will be increasing their investments in equipment financing, leasing and capital investments in software.
According to the Equipment Leasing & Finance U.S. Economic Outlook report, the U.S. economy is at its strongest since the beginning of the recession, although growth remains slower than what economists and small business owners have hoped for. Overall, though, the Equipment Leasing Foundation found the economy to be making gains, and expects the market to improve during the rest of 2013 due to improving home and auto sales, better access to credit and increasing employment.
As the economy improves, more small business owners will be able to free up funds and invest in new equipment and software. These gains may also give business owners the confidence to expand their companies. If a company is looking for ways to acquire new equipment, the owners can come to National Funding for advice. National Funding can provide business equipment finance options for individuals at all types of businesses.