38% of SMBs Plan to Finance Equipment Priced Under $25K
See the benefits of micro-ticket financing Did you know? In the next 60 days, 38% of small businesses are seeking to finance equipment priced under $25,000. (That’s more than 1 in 3!) Why it matters: For many B2B buyers, access to easy, competitive financing for smaller-ticket items is hard to come by—in fact, most equipment […]
Wider Credit Windows Support Stronger Profits
Broaden your reach & close more sales Is an overly restrictive financing provider costing you good customers? Pro tip: Equipment dealers sell more—and sell more profitably—when their finance partner offers a wider, more flexible credit window. 🔬 Case study: A 2024 study of over 1,500 same-sector commercial equipment sellers found that sellers whose lender was […]
68% of Med Spas Plan to Advance Their Equipment in 2025
Solve the lending gap with TimePayment ✨ Estheticians are going shopping in 2025! 68% of med spas and other elective medical practices plan to invest in advanced equipment in 2025, from diagnostic tools to aesthetic lasers. ⚠️ Yes, but: While, these sectors are growing fast, 41% of these practices cite affordability concerns as their top barrier […]
Why Businesses Need Alternative Lending Sources in 2025
Solve the lending gap with TimePayment 📊 Big numbers: 82% of small businesses—more than 4 in 5—report challenges accessing traditional bank credit. And over half say they’re looking for alternative lenders. ⚠️ Yes, but: Banks are unlikely to loosen lending standards in 2025, as they continue to navigate liquidity challenges and stricter regulations. Why it […]
Small business equipment purchase are expected to rise 67% in 2025
TimePayment helps you drive small business growth Great news for brokers and equipment sellers: 67% of small businesses plan to increase their capital expenditures (CAPEX) in 2025. That’s the highest level since 2021. Yes, but: 47% of small businesses report cash flow constraints and lingering hesitations due to economic headwinds. Why it matters: This enthusiasm […]
For Faster Sales Cycles, Lead With Payment Options
Accelerate Sales Cycles Up to 35% Most B2B sellers know that offering financing leads to more sales. But did you know that it also leads to faster sales? By the numbers: Equipment sellers who lead with a payment option for equipment under $50,000 are experiencing sales cycles up to 35% faster. How it works: Empowering […]
Boost Profits by Collaborating with Your Financing Partner
Collaboration yields better results Here’s a hard question: is your funding source a financing provider…or a financing partner? Why it matters: Equipment sellers who actively collaborate with their financing partner report 2.3x higher year-over-year profit growth. Working strategically with a finance provider allows B2B equipment sellers to create targeted sales strategies that increase deal flow […]
Cash in on smaller-ticket transactions
Here’s how brokers can capitalize on the surge. 📈 Here’s a surprising stat: In 2024, 28% of brokers report an increase in application flow for smaller ticket transactions under $50,000. Why it matters: Smaller-ticket equipment financing is booming. Finding the right funding sources can help brokers keep a steady stream of revenue. (See how TimePayment […]
Quick Thoughts on Technology Equipment Financing
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 […]
Drive Growth in the Auto Repair Industry
It’s about speed. 🏎️ Brokers, rev your engines. 82% of auto repair companies plan to purchase equipment in the next 60 days. The auto repair sector is experiencing significant growth, leading to increased demand for equipment financing. 📊 By the numbers: Revenue growth: Average revenues in the sector have increased by over 30% compared to […]