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...
Johnnie is the deputy editor of Equipment Finance News, as well as Auto Finance News and Powersports Finance News. He has been a contributor and writer for nine years. He graduated from Texas Tech University in 2019 with a Bachelor's Degree in Accounting and Marketing and from Grand Canyon University in 2022 with a Master's in Communication Degree.
He can be reached at jmartinez@royalmedia.com or through LinkedIn at https://www.linkedin.com/in/johnniecmartinezii/
Lenders are among the finance companies under pressure to modernize aging technology platforms as legacy systems limit innovation, compliance management...
Supply chain disruptions, tariff uncertainty and rapid technology changes are pushing equipment finance companies to expand beyond traditional lending and...
Equipment dealers are leaning into leasing, rental and bundled service revenue as customers demand more holistic solutions from both dealers...
Rising diesel prices and economic uncertainty are causing some trucking fleets to delay equipment purchases, but operators that abandon disciplined...
More equipment finance lenders are using digital contracting tools as customers demand faster funding, and growing fraud concerns are forcing...
Equipment demand remains healthy across much of the industry, but economic uncertainty has customers delaying purchase decisions and rethinking financing...
Caterpillar has expanded its patent infringement battle with Doosan Bobcat, filing new lawsuits that escalate the dispute between two major construction equipment manufacturers...
Used equipment financing is becoming a larger focus for equipment dealers and lenders as tariffs, inventory costs and shifting buyer...
