Seize the Year-End Surge in Equipment Purchases

Get ready for a shopping spree. The end of the year is shaping up to be a prime period for business equipment purchases 

• By the numbers: With interest rate decreases, lower used equipment prices, and tax benefits, 39% more small businesses plan to make year-end equipment investments compared to this time last year.

Why it matters: Brokers have a golden opportunity to capitalize on this demand.

Dig deeper:

• More planned purchases: Small businesses are preparing to take advantage of tax incentives and lower financing costs.
• Rising interest in used equipment: Lower prices are making used equipment an attractive option, adding more financing opportunities.
• Timing is crucial: December 31 is coming fast. Brokers who market into this year-end demand are set to maximize deal flow and close the year strong.

Takeaway for brokers: Now is the time to reach out to clients about year-end financing options, especially those looking to invest before the tax season.

TimePayment can help. With a name like ours, you know we understand the importance of moving fast.

• With instant approvals on equipment deals under $25K and available same-day funding in many cases, we make it easy to provide small businesses with the right options for year-end investments.