While no one can accurately predict what the next recovery phase will look like post COVID-19, the elements for an upturn appear to be in place. Strategic and persistent government stimulus, active support from banks and the potential for a vaccine in the near future point to a more expedient recovery than we experienced in the 2008 financial crisis.
Make no mistake. We are in the midst of financially tumultuous times. But opportunities are abound for asset finance companies in the coming months - especially those able to deliver business continuity and innovate in ways that align with changing buyer beliefs and behaviours.
Now is the time to move thoughtfully and design business models that allow you to capitalise on the many new opportunities that will evolve in 2021 as the pandemic eventually dissipates.
Watch this webinar to hear Associate Member, IDS, a market leader in asset financing technology, share tips for effectively managing through the pandemic and finding a profitable path forward.