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Home Middle Market +

Reevaluating Product Development: 3 Strategies for Equipment Finance

July 15, 2024
in Middle Market +, Products & Portfolio, Technology & Innovation, Verticals
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A 2023 Secured Research study revealed that only 3 out of over 70 equipment finance firms with volumes exceeding $100 million in annual originations had a dedicated product development team. But why would they, when this is considered a “solutions” industry rather than a “product” industry?

Careful there. In this article, we’ll explore how some commercial finance sectors adjacent to equipment financing approach things differently—and how equipment financiers might find opportunities in these differences.

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