Industry Data to Guide Your Sales
Inflation is no laughing matter. Pain at the pump, the grocery store, the materials supplier and especially the cost of new equipment are making customers highly price-conscious.
By the numbers: In a survey* of over 5000 recent equipment buyers (involving transactions under $100,000), here’s how the current inflationary environment is forecasted to impact equipment purchase decisions:
Who’s bullish: Buyers in the technology and construction industries aren’t being deterred.
Who’s bearish: Meanwhile, inflation has buyers in the vocational truck and POS industries playing their cards very conservatively.
Next steps: You can clearly see what industries are cooling their capital expenditures faster than others. Make your business development decisions accordingly.
We keep options open: When it comes to getting creative with new industries and vendors, TimePayment can help brokers like you make the most of every opportunity. With flexible monthly payment options for equipment needs starting at $500 and reaching to $500,000 and beyond, you can trust our innovative technology tools and creative capital to help turn shoppers into buyers.
*1H22 Greenwich | Sawbux Survey of Commercial Finance Decision Making