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Category: Business and Industry
Date Submitted: 06/20/2016 12:18 AM
Technavio Announces the Publication of its Research Report Global Construction Equipment Finance Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Construction Equipment Finance Market: American Capital Group Inc., Crest Capital, Fundera Inc., General Electric (GE) company, and JPMorgan Chase & Co.
Other Prominent Vendors in the market are: Marlin Leasing Corporation, TD Bank, Tetra Corporate Services, US Bank, and Wells Fargo.
Commenting on the report, an analyst from Technavios team said: Huge demand for construction equipment is the latest trend in the market. Many investment banks and financing companies are entering into tie ups with construction equipment vendors so that they can help finance their projects. The leasing and financing options offered by these financing companies help the end users save taxes.
Browse Detail Report With TOC @
https://marketreportscenter.com/reports/300557/global-construction-equipment-finance-market-2016-2020
According to the report, the online receivable financing market has attracted a lot of key market players, competitors, and customers. The market operates competitive auctions through a global network of accredited institutional buyers. Since traditional financing is considered expensive, many industries are opting for online receivable financing platforms to meet their working capital needs on a daily basis. The online receivable financing market operates as a part of asset based lending solutions while coming into because it is considered a collateral component in business lines of credit.
Further, the report states that shortage of skilled workers in construction activities, such as carpentry, masonry, and brick work, is one of the biggest challenge faced by the construction industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains...