Capital spending by its very nature is a long term proposition…it is also something that business owners can defer when operating conditions are not optimal
Cleveland, OH (PRWEB) December 17, 2012
LeaseQ, one of the leading providers of equipment leasing and financing options in the United States, is offering new and innovative leasing and financing options to small businesses, many of whom are reluctant to make long term investments due to mounting concern over the direction of the economy.
A recent Gallup survey finds that only about one in five business owners plan to increase capital spending over the coming year, while one in three plan to reduce investments. The findings echo business owners concerns over the direction of the economy and the looming fiscal cliff issue.
According to a spokesman for Gallup, “Capital spending by its very nature is a long term proposition…the downside of that is that it is also something that business owners can defer when operating conditions are not optimal.” The findings of the report come the same week that the National Federation of Independent Business found that optimism among small business owners was on the wane.
Federal Reserve Chairman Ben Bernanke has gone on record saying that concerns over fiscal cliff issues and stalled talks in Washington were definitely having an effect on the economy. Small businesses are almost always the first demographic not to increase investments in difficult financial times.
LeaseQ offers a number of leasing and financing options that are targeted at small businesses, with an approval process that takes minutes instead of the days and weeks that used to be the standard in the lending industry. Through creative financing options and attractive interest rates,
LeaseQ provides an avenue through which small businesses can obtain the much needed capital even in an uncertain economic climate.
Based in Cleveland OH, LeaseQ is one of the leading providers of equipment leasing and financing options in the United States.