Who’s Driving Technology Lease Volume

Top five industries making technology investments

This is a once-in-a-generation opportunity.

We’ll help you capitalize on it.

Labor shortages are driving a new era in digital transformation—even in the face of economic headwinds—and that creates a lot of potential for brokers.

To help you target your efforts, here are the industries making major moves right now.

By the numbers: In a recent survey of over 5,000 small businesses*, the top five industries making technology investments in the next 60 days are:

  • Healthcare (18%)
  • Manufacturing (15%)
  • Transportation (13%)
  • Restaurant (9%)
  • Education (9%)

What they’re saying: “We simply cannot cut new investments into automation and operating efficiency because of a looming recession. More automation creates less reliance on labor we can’t find. So, investing in automation is essential to our success,” responded one executive, the owner of a machine tool manufacturing company.

The clear takeaway: If you’re not going after technology-related investments in these industries, you are missing a once-in-a-generation shift in capex mindset.

We help brokers like you say “Yes” to more customers, by offering best-in-class equipment lease financing, industry-leading technology, access to API, and superior account service, training and back-office support. TimePayment has helped over one million customers with transactions from $500 to $1.5MM+, and brokers rely on TimePayment for the speed, convenience and technology solutions they need to grow.

Grab the opportunity: To discuss an opportunity or sign up, visit our Broker page.

 

*The 2022/2023 Sawbux Greenwich Study Of Commercial Finance Decision Makers

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