The great challenges face the growth prospects of the multifinance industry, as it has experienced a decline over the last two years. Aside from the government regulation increasing the size of required down payments, the business environment in general is moving in an unfavorable direction. Increased fuel prices, high inflation and interest rates, rising unemployment and low commodity prices can all hamper the growth of demand, disrupting new financing bookings. Automotive sales are relatively moderate, while the heavy machinery market saw a decline in sales last year.The great challenges face the growth prospects of the multifinance industry, as it has experienced a decline over the last two years. Aside from the government regulation increasing the size of required down payments, the business environment in general is moving in an unfavorable direction. Increased fuel prices, high inflation and interest rates, rising unemployment and low commodity prices can all hamper the growth of demand, disrupting new financing bookings. Automotive sales are relatively moderate, while the heavy machinery market saw a decline in sales last year.
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