Tips for Navigating the Current Equipment Financing Environment

If you’re soon going to be in the market for some new equipment, here is what you need to know about the current lending environment

Tips for Navigating the Current Equipment Financing Environment

Have you priced out new equipment lately? Talk about sticker shock.

Equipment prices jumped during the pandemic — sometimes 30% to 40% — and remain high. Interest rates climbed also. Loan rates previously at 5% increased to as much as 9.75% in 2023, says Jim Thomas, owner of Key...

Please login or register to view Plumber articles. It's free, fast and easy!


Discussion

Comments on this site are submitted by users and are not endorsed by nor do they reflect the views or opinions of COLE Publishing, Inc. Comments are moderated before being posted.