Ford fleet sales rise; GM fleet sales fall
Ford benefited from its commercial vehicles segment in the third quarter, while General Motors got a boost from its financial...
Presidential election ’24: Implications for the equipment finance industry
The future of the equipment finance industry will be a bit clearer after today’s presidential election resolves, but regardless of...
Revenue spikes for truck OEM captives
The financing arms of truck manufacturers Paccar and Traton Group reported increased revenue in the third quarter as market conditions...
Penske, Rush see drop in finance, insurance revenue
Penske Automotive Group and Rush Enterprises saw declines in finance and insurance revenue in the third quarter, but increased sales...
Lenders weigh strengths, risks of AI-driven loan process
Equipment financiers are adopting AI-driven technology though potential biases in the algorithms present concerns. As equipment lenders increase their use...
Independent lenders seize opportunity amid stringent bank regs
Independent lenders have emerged as major players in the equipment finance industry as banks grapple with tighter regulatory standards and...
42% of businesses plan to purchase more equipment, software in 2025
AUSTIN, Texas — Equipment financing is projected to increase into 2025, driven by technology advances and easing inflation. Of roughly...
Ups and downs: Equipment lenders see mixed results in Q3
Some lenders ramped up equipment financing activity in the past quarter while others scaled back, hinting that the industry is...
Proud Member Of
Check Out Our Industry Event
