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Lenders navigate underwriting complexities for IT equipment
Lenders are being creative when financing IT equipment as challenges tied to obsolescence and uncollateralized software test underwriting prowess. The IT equipment...
DigitalOcean secures $725M financing facility from MUFG
DigitalOcean Holdings secured a $725 million equipment finance facility to fund purchases of data center equipment. The facility includes an...
American Equipment Solutions acquires BC Wire Rope
American Equipment Solutions acquired BC Wire Rope & Rigging, adding six locations across California, Arizona and Nevada and expanding its...
Sunbelt Rentals specialty revenue climbs 24.5%
Sunbelt Rentals posted record revenue in its fiscal first quarter as it continued to grow its specialty equipment and general...
Toyota weighs hydrogen power for trucks that ship auto parts
Toyota Motor Corp. is considering using hydrogen to power trucks that ship auto parts as alternative fuels gain favor after...
Toro earnings rise 19.4% as professional sales grow
Toro reported higher earnings and sales through the first nine months of fiscal 2026, led by growth in its professional equipment...
26 freight companies filed for bankruptcy in Q2
Although dozens of freight carriers filed for bankruptcy in the second quarter as transportation lending remained tight, carrier exits bode well...
Self-driving firm PlusAI to go public via Yorkville SPAC merger
Plus Automation Inc., an artificial-intelligence company developing self-driving technology for trucks, is set to go public through a business combination...
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