Despite rising interest rates and economic volatility, the Equipment Finance sector maintained strong performance in the first quarter of 2022 with year-over-year originations growth of 14%. Banks and independent financing institutions continue to expand portfolios through originations and acquisitions. However, inflationary pressures, global conflicts, and supply chain challenges remain headwinds for the remainder of 2022.

M&A activity continued at a robust pace in 2022, with nine M&A deals announced in the first quarter of 2022. Banks are actively seeking equipment leasing & finance platforms.