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Home CapEx Pulse

Construction Equipment Vendor Application Flow is Diverging from Approval Rates

Despite heightened demand and rising applications for construction equipment, due to a lack of available credit, approvals are falling, creating a funding gap in the market.

May 20, 2024
in CapEx Pulse, Construction, Economy, Middle Market +, Vendor/Small Ticket
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In the current economic climate, the construction sector has been navigating the dual forces of heightened demand and a contraction in credit, particularly in used medium-duty construction equipment. The following analysis reflects upon the industry’s financial flow and its response to these challenges.

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