m2 Equipment Finance discontinues offerings
General business equipment financier m2 Equipment Finance has stopped originating loans and leases as its parent company looks to reallocate...
Equipment loan losses rise amid transportation loan deterioration
Annualized net losses for equipment asset-backed securities rose in August across all publicly rated deals as transportation industry portfolios remained...
Farm Capital Investment Index hits all-time low
Farmer sentiment remained low in August as net farm income and crop prices are forecast to decline for the year. ...
Toro Co.’s Red Iron originations drop again
Outdoor power equipment manufacturer The Toro Co.’s financing joint venture experienced another decline in originations in the third quarter as...
Bobcat, Doosan Robotics end merger talks
Doosan will no longer merge Doosan Bobcat with Doosan Robotics due to regulatory and industry scrutiny. Plans to combine the...
Sunbelt U.S. rental revenue rises 6% to $2.2B
Sunbelt Rentals’ rental revenue in the United States grew as volume and rates remained strong in the first quarter of...
Tight lending environment pressures transportation market
Continued tightness in the transportation lending market is a concern for dealers and auctioneers ahead of the new model year. ...
Titan Machinery agriculture revenue dives 10%
Equipment dealer Titan Machinery‘s agriculture segment revenue dropped in the second quarter of fiscal 2025 as farm profits and farmer...
