CNH Industrial Capital revenue climbs 4%
CNH Industrial Capital posted higher revenue in the third quarter despite decreased originations and lower equipment sales across the parent company’s...
Labor challenges weigh on equipment industries
Solving labor issues is at the forefront of OEM strategies, but some innovations create both challenges and opportunities for equipment lenders. Going into 2025, the construction...
Hyster-Yale dealer sales for Americas sink 20%
Materials handling equipment manufacturer Hyster-Yale saw its dealer sales slump continue in the third quarter amid tariff challenges, partially offset by higher...
DLL names Sivrioglu CFO
Major players in the equipment finance industry announced key leadership changes over the past month. Sivrioglu steps in at DLL Global equipment financier DLL appointed Alp Sivrioglu chief financial...
Midland States ceases equipment financing after Q3
Midland States Bancorp, Beacon Financial and Banc of California slashed their equipment finance portfolios in the third quarter, while First Citizens BancShares ramped up equipment leasing. Midland...
Ignite Attachments responds to flexible financing demand
Equipment attachments and parts manufacturer Ignite Attachments plans to expand its lender network amid growing demand for flexible payment structures. ...
Penske, Rush F&I revenues drop amid truck sales slump
Truck dealers Penske Automotive Group and Rush Enterprises felt the pain of transportation industry woes in the third quarter, while Custom Truck One Source benefited from strong...
Cat Financial originations jump 7% amid data center boom
The financing arm of manufacturing giant Caterpillar reaped the benefits of strong equipment sales in the third quarter, with demand taking off...
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