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Equipment Financing Services in the US Procurement Price, Data and Insights
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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What’s included in this market coverage
IBISWorld's research coverage on the Equipment Financing Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Equipment Financing Services market in the United States includes Excellent Credit, Good Credit, Fair Credit and Poor Credit. Standard coding in this coverage includes ISIC-6491-Financial leasing, NACE-64.91-Financial Leasing, NAICS-522220-Sales financing and UNSPSC-84121607-Operating lease finance service.
What common market terminology is included?
Common market terminology included in the Equipment Financing Services procurement coverage includes Blanket Lien (A legal right granted to a creditor to seize all of a debtor's assets and collateral if the debtor does not meet the obligations of the loan agreement.), Collateral (An asset pledged as security for repayment of a loan, to be forfeited in the event that the borrower defaults on the loan.), Dodd-Frank Wall Street Reform & Consumer Protection Act (Also known as the Dodd-Frank Act, an act which seeks to improve the transparency and accountability of the financial system in the United States, to stop bailouts and to protect citizens from unlawful financial practices.), Effective Annual Interest Rate (An annual interest rate that accounts for the impact of compounding.), Equal Credit Opportunity Act (An act enforced by the Federal Trade Commission (FTC) to forbid suppliers from discriminating against buyers on the basis of age, sex, national origin, color, race, religion, marital status, and social status when determining the buyer's creditworthiness.), Federal Funds Rate (The interest rate banks pay to borrow other banks' funds held at the Federal Reserve.), Federal Reserve (The central bank of the United States, which influences the monetary and credit conditions in the economy, supervises and regulates banks, monitors the financial markets, and provides financial services.), Loan Covenant (A provision in a loan agreement that outlines certain conditions that the borrower must follow in order to protect the lender from default.) and Uniform Commercial Code (UCC) (An act set to establish standardization among the law of sales and other commercial transactions within the United States that occur across state lines.).
What companies are included as top suppliers?
The top companies covered in the Equipment Financing Services procurement report as suppliers are Huntington Bancshares Incorporated, Fifth Third Bank, First Citizens BancShares, Inc., Pnc Financial Services Group, Inc. and Truist Financial Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Equipment Financing Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) effective annual interest rate, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Equipment Financing Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Equipment Financing Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Equipment Financing Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Equipment Financing Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Equipment Financing Services?
The 2026 benchmark market price for Equipment Financing Services is 10.98 effective annual interest rate. Prices have declined at a CAGR of -4.1 from 2023-26.
Who are the top vendors in the Equipment Financing Services market?
The top vendors in the Equipment Financing Services market include Huntington Bancshares Incorporated, Fifth Third Bank, First Citizens BancShares, Inc., Pnc Financial Services Group, Inc. and Truist Financial Corporation.
What industries supply the Equipment Financing Services market?
The top industries supplying the Equipment Financing Services market are Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Copier & Office Equipment Wholesaling in the US, Copier & Optical Machinery Manufacturing in the US, Office Stationery Wholesaling in the US and Office Stationery Manufacturing in the US.
What is the supply chain risk for Equipment Financing Services?
Low market share concentration enhances buyer leverage. The equipment financing services market is highly fragmented, with no single provider dominating national or regional offerings. This low concentration benefits buyers by fostering competitive pricing, flexible terms, and service differentiation. Companies can negotiate rates, evaluate multiple financing structures, and leverage competitive bids to optimize both costs and service quality. Fragmentation also allows buyers to maintain multiple providers, reducing dependence on any single lender.
What factors affect the price of Equipment Financing Services?
Some types of equipment are more prone to depreciation, which reduces their resale value in the event of a borrower defaulting on the loan. Lenders will charge less for loans covering agricultural equipment and construction machinery as these have long useful lives and are not subject to technological obsolescence.
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