How brokers can capitalize on current trends.
The business press has hit a more upbeat tone in recent weeks. But our surveys show most vendors are still feeling the pain of credit contraction.
- On top of that, increasing volumes of equipment sellers are expressing frustration with the hands-off approach of their existing partners.
By the numbers: Our survey of over 3600 equipment sellers across the United States shows how seller sentiment has dipped since 2021:
Takeaway for brokers: Equipment sellers are becoming increasingly frustrated in their finance programs. Brokers continue to have a powerful opportunity to break into relationships that were unreachable just 24 months ago.
TimePayment can help. 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 solutions to give customers the options needed to scale up with confidence.
Take action: To discuss a vendor opportunity, reach out today. Or sign up now to get started.
*2023 Sawbux Greenwich Study of Commercial Finance Decision Makers
