Equipment Leasing & Finance Industry – Horizon Report 2025
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Overview
Equipment Finance Industry Expands to More Than $1.3 Trillion as Sector Supports U.S. Economic Growth and Innovation, Foundation Horizon Report Finds
End-users expect to increase their equipment and software acquisitions in 2025 with more than three-fourths using financing.
The equipment finance industry expanded to an estimated $1.34 trillion in 2023—a new all-time high—with 82% of end-users using some form of financing to fund their equipment and software (E&S) acquisitions, according to an end-user survey from the Equipment Finance Industry Horizon Report 2024. The report, which was released today by the Equipment Leasing & Finance Foundation and prepared by Keybridge, also reveals that of $2.3 trillion (nominal) in E&S investment in 2023, approximately 57.7% (and 64.2% of private sector investment) was financed.