ELFA Reveals Top 10 Equipment Acquisition Trends for 2017

ELFA Reveals Top 10 Equipment Acquisition Trends for 2017

Published in Monitor Daily

The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2017. Given U.S. businesses, nonprofits and government agencies will spend more than $1.5 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy. Businesses will find positive momentum for equipment investment as the changing economic and regulatory environment contributes to improved business conditions.

ELFA President and CEO Ralph Petta said, “Equipment acquisition continues to drive the supply chains across all U.S. manufacturing and service sectors. Equipment leasing and financing provide the source of funding for a majority of U.S. businesses to acquire the productive assets they need to operate and grow. We are pleased to provide the Top 10 Equipment Acquisition Trends each year in order to assist businesses in understanding the marketplace and planning their acquisition strategies.”

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