Investment in Equipment Continues to Show Solid Gains

The U.S. Department of Commerce recently released its estimate of total investment in new equipment by U.S. businesses for 2013. New equipment acquisitions, defined as private fixed investment in equipment and software, are expected to exceed $1.23 trillion for 2013, representing a 2.1% increase over 2012 levels. This level of investment is significantly higher than that experienced during the depths of the most recent recession, when investment dropped to $900 billion (2009).

Clearly, U.S. businesses are again making the necessary investments to both expand and replace older equipment to effectively compete in an improving economic environment. The Equipment Leasing and Financing Association has also just confirmed that confidence in the equipment finance market is now at its highest level in two years, signifying an improving economic outlook among industry leaders.

The combination of a low interest rate environment and competitive equipment pricing has created an opportune time for new investment in business equipment, in general. At FSG Capital, we are dedicated to helping businesses maximize their equipment dollar through competitive loan and lease options that are custom tailored to meet your unique business needs. Give us a call today to see how you can capitalize on this opportune time.  

 

 

Last modified: February 17, 2014