The Most Leased Equipment at LFS
LFS has financed many different types of equipment over the years.
We decided to analyze which equipment type was leased the most and this is what we found:
| Year |
Leased Equipment Type |
Most Leased Equipment |
| 2021 | Construction |
|
| 2020 | Transportation |
|
| 2019 | Transportation and Aesthetics |
|
While the above chart shows us that in 2019 and 2020, transportation and aesthetics were strong categories, following closely behind were construction equipment and industrial/manufacturing machines.
In 2021, construction equipment topped the list while the transportation and landscaping categories were the next leading categories.
This trend reflects the strong industries in our economic climate today. We feel that as we emerge from the current pandemic, there will be continued growth in construction and transportation in anticipation of government infrastructure spending. It is too early to predict what equipment types will lead in 2022 but it is safe to say that construction and transportation will be solid players.