Most businesses require equipment in order to operate and, in many cases, make a profit. Equipment leasing and financing help all types and sizes of commercial businesses in the U.S. to acquire the equipment they need to conduct their business operations. Each business has to make the best procurement choice based on numerous factors such as cash flow, balance sheet impact and available credit lines. Equipment finance offers flexible choices that can work with the diverse objectives of most businesses.
Equipment Finance Supports the U.S. Economy
Equipment finance not only contributes to businesses' success, but to U.S. economic growth, manufacturing and jobs.
Equipment leasing and financing help all types and sizes of commercial businesses in the United States to acquire the equipment they need to conduct their business operations.
Nearly 8 in 10 businesses use at least one form of financing (excluding credit cards) to acquire equipment.1
In 2019, leasing was the most common financing method (used by 24%); 16% used lines of credit, 12% used secured loans and 3% used other forms of finance.1
Facts About Industry Sectors
Discover equipment finance statistics and facts for 10 equipment sectors in a series of fact sheets.