See the benefits of micro-ticket financing
Here’s a surprising stat: In 2024, 28% of equipment sellers reported an increase in application flow for smaller ticket transactions under $50,000.
Why it matters:
- Smaller-ticket equipment financing is booming.
- Finding the right funding sources can help brokers keep a steady stream of revenue.
Dig deeper: Our research partner sees the following trends:
- Increased volume: Demand for financing of smaller assets is growing as businesses look for budget-friendly solutions.
- Fast approvals and higher close rates: Equipment sellers who offer streamlined financing options are seeing quicker deal closures.
- Ongoing fee income: As smaller transactions increase, the right finance partner can help brokers sustain a steady stream of revenue.
Takeaway for business owners: Tapping into smaller-ticket financing now could be the key to maintaining strong deal flow and steady income.
QuickSpark is your smaller-ticket expert. Our dedicated financing solutions are designed to support you with flexible, fast funding options tailored for small-ticket transactions.
Reach out today to learn more about micro-ticket transactions. Or sign up now to get started.
Source: Proprietary 2024 Sawbux survey