M&A: WesBanco and Premier Financial Corp will merge to form $27B company
M&A activity continues to be at a high point for dealers and lenders, with several mergers announced in July. WesBanco-Premier...
ELFA: New business volume, employment fall in June
New business volume in equipment finance slowed year over year in June. The stall is attributed to fewer new bank...
Lender earnings roundup: Nonperforming loans rise
Nonperforming assets and loans are rising for equipment finance lenders, based on second-quarter earnings reports. Brookline Bancorp Brookline Bancorp’s equipment...
Equipment finance industry confidence continues to grow in July
Confidence among equipment finance lenders continued to rise in July, even though none of those surveyed rated the United States...
SLR Capital Partners, Webster Bank add to ranks in July
Multiple equipment finance operations have added new leadership as they bolster staff in July. Additionally, 13 professionals completed the Equipment...
Ag, construction, transportation business grows
New agriculture, construction and transportation businesses were on the rise in the fourth quarter of 2023. More enterprises means more...
Volvo Financial Services new business volume drops 5% in Q2
Volvo Financial Services’ new business volume dropped 5% in the second quarter, mirroring Q1 declines. Parent company Volvo Group reported...
Ag equipment auction values see biggest spread since 2015
Inventories are up in June in all segments of used agriculture equipment, causing a growing gap between market and auction...
