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Lenders face modernization gap as legacy systems slow
Lenders are among the finance companies under pressure to modernize aging technology platforms as legacy systems limit innovation, compliance management...
Equipment finance originations dip for fourth straight month
Equipment finance originations declined for a fourth straight month in May amid stubborn macroeconomic challenges, but industry leaders remain optimistic....
Orange EV names Kurt Neutgens CEO as electric terminal truck maker expands
Orange EV has named co-founder Kurt Neutgens chief executive as the Kansas City, Kan.-based manufacturer expands its electric terminal truck...
Class 8 truck sales outlook improves for 2027
The Class 8 truck sales outlook for 2027 is improving as freight rates strengthen, capacity tightens and fleets prepare for...
BriteCap, Cloudsquare partner on AI-powered broker financing
Small-business lender BriteCap Financial has integrated its platform with AI-powered lending platform Cloudsquare, enabling brokers to submit applications to BriteCap...
CNH Industrial Capital prices $1.1B in US, Canadian notes
CNH Industrial subsidiaries priced more than $1 billion in notes this week to support working capital, receivables purchases and debt...
Opifex-Synergy raises $450M through senior notes
Opifex-Synergy has raised $450 million through a private offering of senior secured second-lien notes due in 2034, providing new capital...
AI sales start to justify data-center spending boom, report says
Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies are...
