Equipment finance executives evaluate importance of vetting partners
Equipment dealers must evaluate their vetting process for third-party financing partners to stop bad actors and prevent misinformation. Dealers who...
2 common roadblocks inhibit equipment sales, financing
Lender and consumer roadblocks are negatively impacting the financing process for equipment dealers. “One, the customer is declined by the...
Slow, mixed growth ahead in loan market
CHARLOTTE — Slower growth is likely in the U.S loan market this year, but businesses remain steadfast despite concerns of...
Dealer rentals to grow as bonus depreciation phases out
CHARLOTTE – Rental business at dealerships is poised to gain traction in the coming years as depreciation tax benefits on...
Mitsubishi HC Capital Canada to finance Lion Electric EVs
Mitsubishi HC Capital Canada and ENGS Commercial Finance are providing financing to electric vehicle manufacturer Lion Electric for the company’s...
H&E Equipment Services posts record rental revenue
H&E Equipment Services logged record rental revenue in the fourth quarter of 2022 due in part to favorable industry conditions...
Terex Corp. ends 2022 with $4.1B backlog
Equipment manufacturer Terex Corporation posted an increase in total backlog orders in 2022 as demand held steady across its aerial...
Equipment SaaS companies Texada, Uptake Canada complete merger
Equipment rental and mobile SaaS provider Texada Software and equipment dealer SaaS provider Uptake Canada completed a merger this week...
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