Wingspire, Iren close $363M equipment finance deal for AI infrastructure
Wingspire Equipment Finance has closed a $363 million equipment finance facility for cloud computing company Iren. The transaction refinanced recently...
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Lender Operations
Federal rule changes leave equipment lenders with data challenges
Revised federal small-business lending rules pose a challenge for equipment lenders: They can rely on dealers to collect now-required data...
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Fed holds rates, says more data will help next decision
Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation without offering a clear signal they...
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Equipment lenders pair private capital with securitization
PALM DESERT, Calif. — Equipment lenders and their private capital partners are increasingly pooling assets in shared securitizations and expanding...
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Isuzu Finance eyes higher lease residuals to address truck costs
PALM DESERT, Calif. — Isuzu Finance of America is working to raise residual values on fair market-value leases in January...
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Equipment finance originations jump 17% YoY
Equipment finance originations reached their third-highest level ever in September as industry tailwinds continue to offset economic headwinds. New business...
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Equipment lenders urged to trim delays as customer financing expectations evolve
PALM DESERT, Calif. — Manual processes and repeated document requests by equipment lenders are increasingly at odds with borrowers’ expectations...
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QumulusAI expands lease financing agreement with TFC to $123.6M
AI infrastructure provider QumulusAI has expanded its closed-end lease financing agreement with technology equipment finance firm TFC to roughly $123.6...
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