Equipment Financing Services in the US - Procurement Research Report

Equipment Financing Services in the US - Procurement Research Report

  • May 2022 •
  • 27 pages •
  • Report ID: 5469743 •
  • Format: PDF
Abstract

Equipment Financing Services Procurement in the US
Equipment financing is the process by which a vendor (or lender) loans money to a buyer (or borrower) for the purchase of equipment. This equipment, in turn, serves as collateral for the loan. Suppliers, namely banks and equipment manufacturers, offer loans for an assortment of equipment, including healthcare appliances, audiovisual devices, construction tools, and commercial vehicles and trucks.
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