US Bank sees rising equipment conversations, targeted OEM investment
Equipment finance activity continued to strengthen in the second quarter as lenders increased their use of digital contracting and manufacturers...
Premier Equipment Solutions launches employee equity program
Premier Equipment Solutions has launched an employee equity program that could provide workers with a payout equal to roughly one...
26 freight companies filed for bankruptcy in Q2
Although dozens of freight carriers filed for bankruptcy in the second quarter as transportation lending remained tight, carrier exits bode well...
Accion Opportunity Fund expands equipment financing with $350K leases
Accion Opportunity Fund has expanded its equipment financing strategy beyond long-haul trucks, offering leases of as much as $350,000 and...
BMO records about $700M charge on equipment finance sale
BMO Financial Group recorded an approximately $700 million after-tax charge in its fiscal third quarter related to the pending sale...
John Deere Financial earnings rise on wider spreads
Wider financing spreads boosted John Deere Financial’s earnings in its fiscal third quarter, helping the company overcome lower revenue and...
Inside Honda’s plans for Amazon power equipment sales
American Honda Motor has launched a U.S. Amazon storefront for Honda Power Equipment products. The storefront features select Honda generators and lawn mowers, with additional products planned,...
Equipment lenders turn to AI as originations, data volumes rise
Equipment lenders are using AI and automation to manage rising originations and data loads while tightening control over Uniform Commercial...
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