Boston, MA (PRWEB) June 11, 2014
According to Equipment Leasing and Finance U.S Economic Outlook, software and computer equipment investment is expected to grow by 4.2% this year. The Economic Outlook report was released by Equipment Leasing and Finance Foundation partnering with Keybridge Research, an economics and public policy consulting firm.
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According to the report, software and equipment investment increased from 3.1% to 4.2% in the first six months of 2014. The report expects investment in software and equipment to continue growing at a steady pace in the next six months thanks to the growing economy and business confidence continues to recover.
Computer Equipment Leasing Company LeaseQ Weighs In
Equipment and software investment has grown over the past year and many businesses are planning to acquire more equipment to expand their businesses. What this means for the equipment leasing industry is that the demand for leased equipment will likely increase as well. Leasing not only provides a more affordable alternative to purchasing but it also cushions small businesses against financial losses by helping them free up working capital.
According to the Outlook report, as economic activity improves, industrial equipment investment will also see a moderate growth in the next six months. LeaseQ believes that many manufacturing sector’s competitiveness will improve and this will see an increase in the demand for high tech equipment. Moreover, companies will focus on upgrading to new technology in the next few months although software investment will likely remain moderate.
Vernon Tirey, the CEO and Founder of LeaseQ says that “Even though the severe weather this winter may have cut GDP growth by a full percentage, the U.S economy is still expected to grow at the fastest pace since the 2008-09 recession. And the equipment leasing industry is expected to benefit from that continued growth. One sector we see as particularly robust is the computer equipment leasing sector.”
It’s expected that some of the loss experienced during the winter will be recouped in subsequent quarters. This may explain why many business owners are particularly confident in the continued economy. When companies are confident about the future, they typically acquire more equipment for their businesses to optimize that growth.
LeaseQ Provides Leasing Solutions To Businesses
Computer equipment leasing is now easier thanks to fast approvals. This is a step towards overcoming some of the challenges that so many small business owners have faced when leasing equipment in the past. Business owners no longer have to endure a slow and tedious lease approval process or have to fill out heaps of paperwork. There is now a better way of navigating the entire leasing process thanks to LeaseQ’s One Touch Platform.
When a business leases through the LeaseQ One Touch Platform, it enables businesses to save thousands of dollars and valuable time by simplifying an oftentimes complex process. The business owner benefits by acquiring the equipment they need with affordable financial terms while the equipment dealer can sell more equipment. Lenders get qualified lessees as well. This makes the equipment leasing experience at LeaseQ a true “win-win” for all parties involved.
LeaseQ is an online market place based in Woburn, Mass. that connects businesses, equipment dealers, and leasing companies to make selling and financing equipment fast and easy. Try it out for yourself at http://www.LeaseQ.com