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....
Why retiring ELFA President Ralph Petta sees more equipment transactions via financing
Ralph Petta, president and chief executive of the Equipment Leasing and Finance Association, who is preparing for retirement after 36...
Broker deals on the rise as banks tighten credit
Equipment finance broker and intermediary deals have been on the rise in the past month as more banks tightened credit...
Ford investing in commercial financing as demand outpaces supply
Ford Credit is developing more ways to support commercial vehicle financing as Ford increases its investment in its commercial segment. ...
Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put...
Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy...
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