By Jordanne Waldschmidt – EQUIPMENT WORLD by Fusable – January 29, 2025
Confidence in the equipment finance market is on the rise, and the Equipment Leasing and Finance Association says trends in reshoring, EaaS and AI will set the stage for continued growth and innovation in 2025.
The organization, which represents the nearly $1.3 trillion equipment finance sector, recently released its top six equipment acquisition predictions for 2025. Contractors and dealers can use these trends to better understand the market environment as they make plans to buy and sell equipment.
“As we look toward 2025, the equipment finance industry continues to play a pivotal role in driving innovation, sustainability, and economic growth,” said ELFA President and CEO Leigh Lytle. “From advancing clean energy investments to leveraging AI and digital transformation, our predictions reflect how the industry is evolving to meet new demands and seize emerging opportunities.”
After distilling recent research, data and member input, ELFA anticipates the following equipment leasing and financing trends for the year:
- Focus on Reshoring and Domestic Manufacturing: As supply-chain resilience remains a priority, equipment finance will play a key role in enabling the reshoring of manufacturing and investment in advanced production technologies.
- Interest Rate Sensitivity Drives Innovation: In a high-interest-rate environment, companies will explore flexible financing options like leasing and pay-per-use models to preserve capital and adapt to economic fluctuations.