Rentals, summer surge boost used construction market
The used construction equipment market continued to build momentum in June as dealers benefited from strong construction activity and rental...
Construction financing sparked by vocational truck demand
Strong demand and steady resale values for vocational trucks are boosting the construction equipment finance sector. The vocational truck market...
3 more freight companies file for bankruptcy
Three more freight companies have filed for bankruptcy in recent weeks, with some truck lenders claiming millions in unsecured funds. ...
Rising insurance costs strain truck financing sector
Escalating insurance costs are exacerbating high interest rates and rising new truck prices, contributing to tight lending standards and creating...
Optimal rental fleets take shape in equipment industry
Dealers and rental houses are optimizing their rental fleets by evaluating the average equipment age and product mix to determine...
Dealers offer longer terms, skip payments amid farmer woes
Prolonged challenges facing farmers are prompting equipment dealers to explore flexible financing options to lower monthly payments and close deals. ...
Big, Beautiful Bill a ‘major victory’ for equipment finance
The U.S. House of Representatives today passed President Donald Trump’s One Big Beautiful Bill Act in a 218-214 vote, and...
Dealer efficiency crucial to expanding finance ops
Equipment dealers looking to expand their finance operations must focus on efficiency so lenders have the confidence to work with...
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