Equipment Leasing and Finance Association’s Post

We recently published our Equipment Finance Quarterly Update. Deal volume was sluggish in the back half of 2023, with many portfolios yet to reset to the elevated interest rate environment. Charge-offs increased 0.8% compared to the previous quarter, paired with the 4.9% year-over-year decrease in new business volume. These indicators could point to a downward trend in the industry for the coming year. Delayed Fed rate cuts and the ongoing economic uncertainty continue to pose headwinds for the industry, but independent lenders reported continued demand from borrowers seeking flexible financing alternatives as banks maintain tighter credit standards. The ELFA’s monthly survey of key industry executives reported a decrease in confidence from the third quarter of 2023. While the sector continues to face substantial headwinds, leaders see promise in its resilience thus far. Read full report here: https://lnkd.in/eBHaKt3s #InvestmentBanking #MiddleMarket #Finance #MergersAndAcquisitions #PrivateEquity #CapitalRaising #Equipment Finance

The Alta Group 2024 Insights examines the major headwinds and tailwinds that they believe will impact the equipment leasing and finance industry in 2024. https://lnkd.in/gnQkTSih

🌐 **Engage in a Thought-Provoking Discussion!** 🔎 Delve into the latest insights from the leasing industry, discussing ELFA's reported 4% decline in new business volume for September compared to August. The impact of liquidity issues due to high interest rates and stubborn inflation is stirring reflections on equipment demand across sectors. 🔍 Two Key Perspectives: - ELFA President Ralph Petta highlights a concern over the quality of equipment finance company portfolios, stressing the need for vigilance as we approach the year-end. - Global CEO Bill Stephenson reflects on the economic challenges ahead, depicting a softening business confidence amidst monetary policy restrictions and potent market dynamics. 📢 It's a Call to Action! Invite your peers to share their viewpoints on the implications of these industry trends. How do you interpret the shifts in new business volumes and the mounting challenges faced in the current economic climate? 💬 Your Thoughts Matter! Express your opinions on the evolving landscape of equipment leasing and finance. Let's unravel the complexities together and gain deeper insights into the industry's trajectory. ### https://lnkd.in/gHjw_Xag

I recently read the latest AFC asset finance confidence survey and noticed a mixed outlook for the sector. While lenders are optimistic about SME borrowing growth, brokers are less hopeful. The survey highlights a split in expectations: 25% of lenders expect SME borrowing to increase, driven by the belief that SMEs will seek financing to support their growth. On the other hand, there’s a consensus that new business volumes will decline for consumer cars and IT & office equipment, likely due to changing consumer behaviours and economic pressures, including the shift towards hybrid working models. Understanding these differing perspectives within the industry is crucial in my role to understand the key drivers for anybody looking to make a move. The insights from this survey can equally help stakeholders make informed decisions and adapt to the evolving market dynamics. #AssetFinance #SME #MarketTrends #BusinessGrowth #FinanceInsights

UK Finance reports an increasing demand for finance among SMEs, signaling a return to pre-pandemic levels. This trend reflects growing confidence in the business sector and the importance of financial support for SMEs. The rise in demand is a positive indicator of economic recovery and resilience among small and medium-sized enterprises. For more information, read the article below... https://lnkd.in/emQuEvpE ______________________________________________________________ #ceo #coo #md #trading #commodities #digitalassets #financialmarkets #tradingtechnology #equities #liquidity #fx #futures #options #cfds #spreadbetting #metals #fixedincome

- #UKFinance says its fourth quarter data contains "promising signs" that #SMEs are planning for the future and have more confidence to take on new or additional finance. ✅ - The #invoicefinance and #assetbasedlending (IF/ABL) sector supported UK businesses with a combined turnover of £316 billion, an annual record. ✅ - 59% of SME lending now comes from outside of the big banks. ✅ - Demand uncertainty, higher interest rates, and the impact of lending taken out during the pandemic all contributed to weakness in gross lending in 2023. ❌ Overall, the picture from SME lending is positive and funders have strong appetite to support SME customers with non-Highstreet banks and funders being able to offer highly competitive packages in terms of rates and structure. Really positive signs in the #SME lending sector... https://lnkd.in/en5nUx-e

The RBA just upped the cash rate to 4.35%, but Anneke Thompson, CreditorWatch Chief Economist, thinks it won't hit your wallet hard – rents, fuel, insurance, and utilities stay steady. 📈 💰  Curious how this change might affect your business? Contact EndureGo at 1800 841 312 to explore your options and financial strategies! 💼 📊  #RBA #CashRateHike #FinancialInsights #EndureGo

New Funding Opportunities📈 This week marks the official launch of the Growth Guarantee Scheme which replaces the Recovery Loan Scheme. It's good to see new funding opportunities opening up for businesses looking to grow and invest. This appears to be a positive step and demonstrates commitment from the government to support SME’s. The new scheme will run until March 2026. Key points 💫Administered by the British Business Bank: 70% government backed guarantee. 💫Turnover up to £45M 💫Facilities up to £2M 💫UK based. 💫Supports other financial products including loans, overdrafts, IF & ABL. 💫Term: 3M-6Years 💫Business must be viable and not in financial difficulty. 💫Pricing will vary depending upon proposal and lender. Get in touch to discuss. [email protected] #Growth, #GrowthGuaranteeScheme, #CashFlowSolutions

#FitchRatings 2024 sector outlooks for North American & EMEA developed-market finance & leasing companies (FLCs) are deteriorating, whereas sector outlooks for emerging-market APAC & EMEA FLCs are neutral. Read the #NBFI outlook report to learn what to watch and more: https://ow.ly/3jCa50QtePf #CreditOutlook #2024

QUARTERLY PERFORMANCE SNAPSHOT We are excited to share our results for the October to December 2023 quarter, with an impressive annualised return of 9.78% and a quarter return of 2.45%! During this quarter, our dedicated team actively balanced the portfolio, with the largest portion of loans funded in the lower-risk quartile. This showcases our industry experience and commitment to delivering great results while preserving your capital. Looking ahead to 2024, we anticipate consistent opportunities to fund new quality loans, building on the strong demand we’ve observed in the market for short-term bridging and cashflow finance in commercial sectors. Stay tuned as we continue to break down our quarterly performance for you and those deliver crucial funding resources to all of you! #quarterlyperformancereport #fundsecsuccess #financialexcellence #investmentinsights