Despite Pessimistic Economic Growth Estimates Equipment Leasing Marketplace LeaseQ Announces An Optimistic Outlook For 2015

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As 2015 arrives, the equipment leasing and financing industry sets its sights on an optimistic new year. With strong growth in 2014, lease and finance marketplace LeaseQ weighs in on economic conditions and the state of the industry for the coming year.

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Our model at LeaseQ is simple: we enable businesses to quickly and easily get the financing they need in order to acquire the equipment they need to run and grow their businesses.

According to a October 2014 report from the IMF, an uneven global recovery will continue into 2015 largely due to weaker-than-expected global activity. Accordingly, the growth forecast for the world economy has been revised downward to 3.3 percent for this year, 0.4 percentage point lower than in the April 2014 World Economic Outlook (WEO).

Despite the pessimistic predictions, the equipment lease and finance industry remains optimistic regarding its growth prospects in the coming year. Although the global growth projection was revised downward, equipment lease and finance company LeaseQ is looking forward to a robust 2015 as the rising trends in the leasing space in 2014 are expected to continue well into 2015.

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There are multiple positives looming on the horizon in 2015. Employee hiring is on the rise, job openings are at near-record levels, and corporate layoffs are scarce. Unemployment also remains extremely low with very low rates of initial unemployment claims since May.

Further, spending on consumer services like recreation and entertainments is likely to strengthen as incomes rise. Despite the predictions of the pundits, health care spending also will pick up as consumers and health care providers acclimate to the new health care rules. Due to the impact of falling gas prices, spending on utilities will stabilize once energy prices cease their downward fall.

All this means good things for the equipment lease and finance industry, as continued economic growth should continue to generate stronger overall investment in technology as well as equipment for businesses of all sizes.

Equipment Finance Marketplace LeaseQ Remains Optimistic for 2015

Like the industry itself in 2014, LeaseQ experienced its strongest growth since its inception in 2012 and is predicting continued momentum throughout 2015. Said LeaseQ CEO and Founder Vernon Tirey, "LeaseQ has witnessed steady growth in all sectors of our business in 2014. We are simply seeing positive trends across the board for our services". Not solely due to the rising tide in the industry, LeaseQ's breakthrough lease and finance platform continues to not only prosper in 2015 but will continue to revolutionize how the industry does business.

Said Tirey, "Our model at LeaseQ is simple: we enable businesses to quickly and easily get the financing they need in order to acquire the equipment they need to run and grow their businesses. All our One Touch Platform does is match businesses that need equipment with the financing lenders, rates and plans that best match their financial situation. Even for businesses with challenging credit situations, LeaseQ’s platform is still able to find the best financial solution to suit almost any financial or pre-existing credit situation."

LeaseQ’s One Touch Platform is a win-win for business that get the equipment they want, for the financing companies who acquire customers providing them financing solutions that best suit their needs and for the equipment dealer network who ends up selling more equipment.

How Does Equipment Leasing With LeaseQ Work?

All a borrower needs to do is enter some initial financial information and the LeaseQ One Touch Platform instantly runs personal and company credit checks. This is a “soft” credit check, so there’s zero impact on credit rating. This information is then matched using LeaseQ’s proprietary underwriting engine, where the match is made with financial institutions. Best of all, there’s no waiting for an application to be approved and amazingly, its 100% free to use.

About LeaseQ

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. Visit them at

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Vernon Tirey
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