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Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.



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ELFA Report Forecasts 2019 Equipment Markets
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Results Provide Insights for Equipment Management Conference & Exhibition, Feb. 24-26

WASHINGTON, D.C. – What are the hottest equipment markets of 2019? A new report from the Equipment Leasing and Finance Association, What’s Hot/What’s Not: Equipment Market Forecast 2019, reveals industry perceptions of 15 equipment markets based on a survey of ELFA members. The survey results point to construction, trucks/trailers, machine tools, medical and hi-tech/computer equipment as the leading sectors for the year ahead, according to portfolio preference. The new report provides valuable insights for participants at the 2019 Equipment Management Conference & Exhibition, where more than 300 ELFA members will gather Feb. 24-26 in Carlsbad, California.

What’s Hot/What’s Not: Equipment Market Forecast 2019, authored by Carl Chrappa of The Alta Group, is designed to assist leasing and finance organizations in identifying business opportunities for future success. The results of the 2019 Forecast Survey reveal the following overall ranking of equipment types for portfolio preference among ELFA members. These rankings are based on the amount of future financing volume (unweighted) and the best and least favorable future equipment financing opportunities (weighted).

  1. Construction
  2. Trucks/Trailers
  3. Machine Tools
  4. Medical
  5. Hi-tech/Computers
  6. Rail
  7. Plastic
  8. Containers/Chassis
  9. Aircraft
  10. Marine/Intercoastal
  11. Telecom
  12. Tie: FF&E, Automobiles
  13. Oil/Gas/Energy
  14. Printing

The full report, including an analysis of the rankings, is available at www.elfaonline.org/data/market-trends.

More Market Analysis and Forecasting
Additional analysis of the equipment market outlook will occur at the 2019 ELFA Equipment Management Conference, Feb. 24-26, where asset managers, equipment appraisers and remarketers will evaluate and present latest developments in market conditions, portfolio quality and residual values for key equipment segments. Educational sessions will assess the outlook for a range of equipment markets, including trucks/trailers, forklifts, construction, cranes, corporate aircraft, rail, solar power, marine equipment, energy, machine tools and healthcare. Participants also will examine how technology is transforming equipment management and other hot topics. Details about the conference are available at www.elfaonline.org/events/2019/EMC/.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit www.elfaonline.org.



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