Arena Investors launches equipment finance arm
Investment firm Arena Investors has launched equipment finance subsidiary Empire Asset Finance, a direct private credit lender serving the mid-...
Used compact, utility tractor inventory drops 24%
Agriculture dealers are putting a dent in used inventory as they lower retail prices, and they may be forced to...
John Deere lays off 141 workers at 2 Iowa facilities
John Deere is laying off 141 workers at Iowa facilities amid sluggish farm equipment sales and a restructuring of its...
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....
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