Leasing Remains Preferred Financing Option
The data highlights something that AvTech Capital already knows: equipment leasing is the preferred financing option for business owners in multiple industries. The report’s end-user survey of private sector investments showed that leasing was, by far, the favored method of payment for companies acquiring capital assets and software:
- Leasing: 48%
- Lines of credit: 9%
- Secured loans 8%
The report also indicated that for non-financed acquisitions, cash was preferred by 23% of users surveyed, followed by paid-in-full credit card purchases at 10%, and “other” methods coming in at just 2% of all survey participants.