Grow your market…or become obsolete
⏩ We’ll keep this quick: 67% of small businesses plan to upgrade technology equipment in the next 18 months.
Why it matters: In other industries, the question is, “How much will this cost?
- 💸 In the technology sector, the question is, “How much will this cost…to replace?”
🖥️ Technology financing is a lucrative market for brokers, not just because of the high price tags and high demand, but also because technology assets often have shorter life cycles.
- Buyers also don’t want to get stuck with obsolete equipment, making lease financing an especially strong option in this sector.
- The right small-ticket funder—particularly one with a strong online platform, and who can deliver approvals and funding fast—is an invaluable partner to brokers.
See how TimePayment can help you grow in the technology financing space. Reach out to our Broker Desk today.
Source: Proprietary 2024 Sawbux survey
