Alta equipment sales revenue up 45% YoY
Alta Equipment Group new- and used- equipment sales revenue grew year over year as the company equipment dealer continues organic...
Avoiding fraud: Contact parties, check addresses
Equipment lenders must be wary of the increased frequency of fraud currently plaguing the industry. Equipment financiers continue to...
CNH Industrial Capital outstandings up 18%
CNH Industrial Capital’s portfolio of outstandings grew in the first quarter of 2023 due to consumer demand — despite rising...
Terex maintains $4.1B backlog in Q1
Equipment manufacturer Terex Corp. maintained a backlog of $4.1 billion quarter over quarter as demand remained strong, despite continued supply...
United Rentals sees 26% uptick in Q1
Equipment rental company United Rentals saw its rental revenue bolstered by strong demand and fleet productivity in the first quarter. Rental...
Cat Financial originations down 11% YoY
Cat Financial originations declined in the first quarter due to high interest rates leading to more cash deals and increased...
Equipment finance industry confidence declines again in April
Confidence in the equipment finance industry declined for the second consecutive month amid inflationary pressures and a slowdown in business...
PACCAR Financial Services portfolio up 16%
PACCAR Financial Services, the finance arm of truck manufacturer PACCAR Inc., continued to grow its portfolio in the first quarter...
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