Capital equipment finance several capital equipment finance

Several capital equipment finance leaders have raised guidance for FY2024 revenue by 2–3%, driven by strong overseas demand. Currency stability in key export markets could add an extra tailwind to profit margins in the near term. The analyst pointed out that BIP's funds from operations per unit (FFO/unit) growth is nearing an inflection point. He noted that over the past five years, BIP's FFO/unit has increased at a compound annual growth rate of about 10% despite foreign exchange headwinds and high interest rates. However, Dodge expects these challenges to ease in the near term, which could drive visible FFO growth. Gresko is senior vice president and senior underwriter and leads the Peapack Capital underwriting department, developing credit policies, defining risk criteria, and managing portfolio performance. She has more than 15 years of credit and underwriting experience. Capital equipment finance indexes are currently testing resistance levels set last November. A breakout could trigger algorithmic buying, pushing sector prices higher in a short time frame.