Things are heating up
That was then: Skeptics predicted lukewarm equipment sales in 2024, citing high interest rates, inflations, and profits are under pressure.
This is now: Vendors are actually seeing growth year over year in sales pipelines, defying the naysayers.
By the numbers: Here is a breakdown of pipeline growth by asset class, based on our survey of over 3,200 equipment sellers across the U.S.:
Takeaways for brokers: With 2023’s uncertainties, bank instabilities, and economic challenges, many businesses sidelined their CapEx needs. But in the fourth quarter, we saw a return to spending on CapEx—and that has continued in early 2024.
Clear your sales pipeline: With flexible monthly payment options for equipment needs starting at $500 and reaching to $500,000 and beyond, you can trust our flexibility to get deals done for your vendor partners.
Seize the opportunity: To discuss a vendor opportunity, reach out today. Or sign up now to get started.
*2024 Sawbux Greenwich Study of Commercial Finance Decision Makers
