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Equipment finance confidence drops amid interest rate concerns
Equipment lender sentiment dipped in October, even as origination growth remained strong. The Equipment Leasing and Finance Association's (ELFA) Monthly...
Employee feedback spurs AI innovation at Wintrust
Wintrust Specialty Finance President and Chief Executive David Normandin said he motivates employees to adopt AI by encouraging them to...
Alfa adds commercial lending, data enhancements to platform
Alfa Systems, an SaaS provider for asset-based lenders, has revamped its platform with capabilities across originations, servicing, data management and...
Franklin Templeton, BSP add $480M in Encina commitments
Investment manager Franklin Templeton and its alternative credit subsidiary Benefit Street Partners have expanded their asset-backed finance platform, which includes...
Cyngn launches subscription program for autonomous material handling
Autonomous vehicle technology company Cyngn has launched a commercial program designed to help manufacturers and warehouses deploy autonomous material-handling technology...
GM OnStar Fleet Intelligence links fleet data to vehicle replacement decisions
General Motors is using vehicle data in its new OnStar Fleet Intelligence platform to help commercial fleet customers determine when...
Small-ticket equipment finance processing costs up 14% in 2025
The cost of processing and overhead per booked small-ticket equipment finance transaction rose 14% to $2,729 in 2025, according to...
Trump’s Russia diesel deal aids Putin’s war, Europe warns
European officials warned that President Donald Trump’s deal to increase Russia’s diesel sales will boost Moscow’s war effort in Ukraine,...
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