Commercial Chapter 11 bankruptcies soar 78%
U.S. commercial Chapter 11 bankruptcy filings surged 78% year over year to 911 in July. Overall commercial bankruptcy filings reached...
Terramac adds 4 authorized dealer groups to US dealer network
Terramac, a manufacturer of rubber track crawler carriers and wheeled dumpers, has expanded its North American dealer network with the...
Maxim Commercial Capital ramps up used equipment financing
Maxim Commercial Capital reported strong results in the second quarter as financing volume picked up for used equipment despite market...
HSLC adopts Vine’s AI-powered lending platform
HSLC has adopted Vine’s AI-powered lending platform to significantly accelerate and streamline its commercial lending operations. The 130-year-old bank expects...
MMP Capital closes $192M ABS deal
MMP Capital has closed its first asset-backed securitization, issuing $192 million in notes primarily backed by loans secured by medical...
Asset manager Irontrax appoints new growth leader
Irontrax, a provider of equipment appraisal, sales, and consulting services, has named Greg Chufo as head of client innovation and...
Rental company Opifex-Synergy names Vaughn CEO
Opifex-Synergy, one of the largest independent equipment rental companies in the United States, has appointed Joseph Vaughn III chief executive...
Terex sales rise despite aerial, materials processing weakness
Terex Corp.'s net sales rose in the second quarter as growth in its Environmental Solutions segment offset performance in Aerials...
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