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So far Tori Greig-Stoll has created 14 blog entries.

Technology Purchases Are Changing – Here’s How You Can Benefit

For nearly twenty years, low interest rates, a mostly booming economy, and easy access to capital had companies spending freely on technology tools and innovations required to support growth. But today, the landscape looks different.

7 Best Practices for Financing Equipment Now

Feeling a little sticker shock? Despite knowing interest rates and inflation are up, more than a few business owners are surprised by how much the cost to invest in new equipment has risen. And with good reason: 64% of them were high schoolers or younger the last time inflation and rates approached the levels we’re seeing now.

Could Hospitals Be Key to 2024 Equipment Sales Growth?

According to most forecasts, hospitals won’t be the best customers for new equipment and technology in 2024, thanks to squeezed revenue cycles and surging labor costs, not to mention challenging bond markets for hospitals looking to raise low-cost capital, interest rates 500% higher than 18 months ago, and far tighter underwriting standards.

Growing Revenue With “Bleisure”

While more people are back in the office than at any time since 2020, employees are still working in a remote and hybrid setting two to three times more often than prior to the pandemic. In fact, a study carried out by Upwork, an online freelance platform, revealed that remote work is still continuing to grow today, with nearly 25% of the American workforce expected to be remote at least three days per week in the next two years.

Using Big Data to Power New Revenue Growth

In early 2023, a Northeast U.S. technology seller was seeing more demand for bundled and as-a-service offerings. But despite nearly 75% recurring revenue growth in less than two years, with quote volumes rising and margins improving, most sales leaders reported an inconsistent appetite for these offerings.

Growing ASCs Invest in New Technologies While Maximizing Earnings

In late 2018, two general surgeons had their fill of challenges within the hospital system. Scheduling problems, facility weaknesses, growing patient dissatisfaction, and escalating staff disruptions led to more of the procedures they once handled being referred out. It wasn’t only an operational problem but a financial problem as well.

2023 Monitor Icon: Miles Herman – Leading with a Drive for Growth and Change

Miles Herman, CEO of LEAF Commercial Capital, Inc., is best defined as a caring and encouraging leader who truly cares about his people and his clients, treating everyone around him like his own family. As this year’s Monitor Current Leader Icon, Herman shares his story of becoming the best leader he can be.

Two Peas Create a Pod

Asking themselves “What would Abe do?” led Crit DeMent and Miles Herman to founding LEAF Commercial Capital. Chairman DeMent and CEO Miles explore their excitement and optimism for the equipment finance industry and how they are optimizing opportunities to grow LEAF in this dynamic sector.

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