Dallas, Texas (PRWEB) November 10, 2013
Companies are planning to increase their investment in equipment in the coming year. As a result, a majority of them would be depending on different sources of finance such as leasing, loans, and line of credit. Large businesses will be able to capitalize on their economies of scale to acquire equipment. Small businesses may not be able to acquire equipment due to the pressing economic conditions on which they are highly dependent. Hence, there will be an increase in demand for equipment by large scale companies.
Analysts forecast the Equipment Finance market in the US (http://www.reportsnreports.com/reports/269944-equipment-finance-market-in-us-2012-2016.html) to grow at a CAGR of 5.62 percent over the period 2012-2016. According to the report, one of the major drivers in this market is the improving Credit market conditions in the market, which has instilled confidence in the market players. With the correction in the Housing market and auto sales, the players are becoming optimistic of the access to credit, which indicates that the market has immense growth prospects.
The Equipment Finance Market in the US 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US; it also covers the Equipment Finance market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Equipment Finance Market in US: Banc of America Leasing & Capital LLC, CIT Group Inc., GE Capital Corporate Finance, and International Lease Finance Corp.
Other vendors mentioned in the report are Wells Fargo Equipment Finance, US Bank Equipment Finance, Key Equipment Finance, Chase Equipment Finance, Fifth Third Equipment Finance, and PNC Equipment Finance.
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