Equipment lender confidence dips ahead of potential demand surge
Equipment lender confidence dropped for the second straight month as economic conditions remain shaky, but a federal interest rate cut...
7 more freight carriers go bankrupt in Q3, another shuts down
Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors...
AI agents address KYC, retrievals, underwriting in equipment finance
Practical applications of AI agents are taking shape in the equipment finance and insurance industries while tech providers push the...
Equipment lenders prioritize flexible floorplan, dealer relationships amid supply chain shifts
Equipment lenders are adjusting to evolving supply chains and pricing dynamics by emphasizing closer dealer relationships and flexible floorplan financing. ...
IronConnect, BB Logistics launch streamlined repo service
Equipment inventory management platform IronConnect and transportation services provider BB Logistics are working to streamline the repossession process for lenders....
5 questions with … CAG Truck Capital President Chris Grivas
As the trucking industry’s “little guys” get squeezed by rising operating costs and low freight rates, CAG Truck Capital President...
80% of construction dealers hit used inventory goals
Used construction equipment is slowly disappearing from dealer lots despite increasingly aggressive incentives for new equipment that make used inventory...
Experts weigh in on distress, bankruptcies in trucking
From tightened lending standards to geopolitical uncertainty, a myriad of factors are prolonging the freight industry’s recession and triggering financial...
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