Ag dealers leverage OEM discounts, rate cuts to move stale inventory
Agriculture OEMs are pulling back production and reducing dealer inventories through financial incentives, discounts and marketing support. The financing arm...
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Hudson Cook partner Noonan to speak at Equipment Finance Connect
Jean Noonan, partner at law firm Hudson Cook, will join Equipment Finance Connect 2025 to discuss best practices for dealers...
Rivian embedding AI in commercial EVs
Rivian is embedding AI into EVs as it looks to expand offerings and meet customer needs. Approximately 20% of the...
Used heavy-duty truck inventory sinks 22% YoY
Strong demand for late-model trucks boosted the used heavy-duty market in February, but repossessions spelled trouble for the medium-duty sector...
QuickFi named ‘Best Overall LendTech’
Equipment finance service provider QuickFi was named “Best Overall LendTech Company” at the ninth annual FinTech Breakthrough Awards today, the...
XCMG subsidiary integrates with DeepSeek AI to advance industrial intelligence
XCMG Hanyun, a leader in industrial internet solutions under XCMG Machinery, has integrated with DeepSeek to enhance industrial intelligence. This...
Fed holds rates, sees slower growth and higher inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower...
ELFA’s bespoke AI tool highlights tech practicality
As new technologies emerge in the industry, equipment lenders can take advantage of relatively simple AI tools to test the...
Elevated equipment inventories boosting rental activity
Elevated equipment inventories, especially in the construction and material handling sectors, are contributing to growth in the equipment rental market. ...
