Equipment Finance News

Equipment lenders are deploying usage-based models, customizable floorplans and digital tools to capitalize on growing rental demand while supporting rental...

A mix of smaller and larger deals from equipment lenders, dealers and OEMs highlighted merger and acquisition activity during October.  Farmer National Banc to acquire Middlefield for $299M  Farmers National Banc will acquire Middlefield Banc in an all-stock...

Midland States Bancorp announced that Jeffrey Mefford will retire as president of its subsidiary, Midland States Bank, and as executive...

The financing arm of German commercial vehicle manufacturer Daimler Truck saw originations slide in the third quarter as North American truck sales...

CNH Industrial Capital posted higher revenue in the third quarter despite decreased originations and lower equipment sales across the parent company’s...

Alta Equipment Group’s equipment sales and rental revenues decreased in the third quarter, as buyers awaited clarity on equipment market conditions following months of uncertainty.   Alta...

RB Global, the parent company of equipment auctioneer Ritchie Bros., reported solid third quarter results with growth across all major...

Solving labor issues is at the forefront of OEM strategies, but some innovations create both challenges and opportunities for equipment lenders.  Going into 2025, the construction...