Transportation collateral value declines push down repossession rates
Dropping transportation values created less incentive for lenders to repossess commercial vehicles despite default rates remaining elevated this year. Despite...
Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment...
Equipment finance brokers: Last ‘Wild West’ of business
The increased capital costs that have forced some lenders to pull back from equipment finance are giving rise to a...
Ag values mixed as values shift with inventory
Small rises in prices contributed to mixed agricultural equipment values in November as supply stabilizes. Many of the price changes...
Business cycle normalization expected in 2024
The business cycle is expected to return to normal in 2024, with improved macroeconomic conditions and equipment asking values, according...
Demand for construction equipment weakens
Demand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid...
Farmers’ financial sentiment improves
Farmers’ sentiment regarding the industry’s financial performance, income trends and capital funding improved on the heels of a better-than-expected harvest...
Sunbelt U.S. rental revenue rises 12% to $2.3B
Sunbelt Rentals’ rental revenue grew due to increased volume and rates in its U.S. fiscal second quarter, which ended Oct....
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