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Lender Operations

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, Feb. 11, 2025. Powell said the central bank doesnt need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further.

Lender Operations

Powell tells Congress Fed still in no rush to lower rates

byBloomberg News

February 11, 2025

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that...

A seal at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Saturday, April 16, 2022. The Credit-reporting company TransUnion is an "out-of-control" repeat offender engaging in deceptive marketing practices the CFPB alleged this week after filing a lawsuit.

Lender Operations

Section 1071 ‘likely dead’ as CFPB’s work is halted

byQuinn Donoghue

February 10, 2025

Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin...

A First Citizens Bank branch in Alpharetta, Georgia, US, on Thursday, March 23, 2023. First Citizens BancShares Inc., one of the biggest buyers of failed US lenders, is still hoping to strike a deal for all of Silicon Valley Bank, according to people familiar with the matter.

Lender Operations

First Citizens, Sixth Street launch equipment finance venture

byJohnnie Martinez II

February 10, 2025

First Citizens Bank and Sixth Street are launching Sixty-First Commercial Finance, an equipment finance joint venture targeting middle- to large-ticket...

Dakota Financial, A digital display representing an AI-powered neural quantum processor in the Samsung Electronics Co. hall at the IFA Consumer Electronics and Home Appliances trade fair in Berlin, Germany, on Thursday, Aug. 31, 2022. Inflation slowed less than expected in Germany, offering European Central Bank officials a partial picture of the regions price pressures as they judge whether to raise interest rates again.

Lender Operations

Dakota Financial launches AI-based service for equipment finance

byEquipment Finance News, AI Assisted

February 10, 2025

Equipment financier Dakota Financial has introduced Ask Frank, an AI-powered tool designed to enhance customer service in the equipment finance...

The lobby of the US Consumer Financial Protection Bureau headquarters as a worker removes belongings from the building in Washington on Feb. 9.

Lender Operations

DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet

byBloomberg News

February 10, 2025

In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped...

ATEL Leasing Corporation Provides Equipment Financing to Berkshire Hathaway Subsidiaries

Lender Operations

ATEL funds equipment for Berkshire Hathaway subsidiaries

byEquipment Finance News, AI Assisted

February 7, 2025

ATEL Leasing, a subsidiary of ATEL Capital Group, provided lease financing for essential capital equipment to multiple Berkshire Hathaway subsidiaries....

Old mining equipment that belonged to Wismut, a Soviet-East German company that supplied Moscows nuclear weapons program, outside the Uranium Mining Museum in Aue/Bad Schlema, Germany, on Wednesday, Sept. 25, 2025. The spa town where discoveries of uranium ore were first made by the Soviet military in 1946, are on a Chemnitz's European Capital of Culture 2025 sculpture trail.

Lender Operations

First Citizens, Sixth Street form equipment finance JV

byEquipment Finance News, AI Assisted

February 5, 2025

First Citizens Bank and global investment firm Sixth Street launched Sixty-First Commercial Finance to provide flexible capital equipment financing solutions for middle-market...

Equipment dealers and lenders are looking to capitalize on growing demand for rental equipment as the used-equipment market adjusts ahead of 2025

Lender Operations

Equipment lenders see January M&A jump

byJohnnie Martinez II

February 4, 2025

Equipment lenders and lending service providers entered the mergers and acquisitions market to begin 2025 as both look to strengthen...

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Lender Operations

Powell tells Congress Fed still in no rush to lower rates

Section 1071 ‘likely dead’ as CFPB’s work is halted

First Citizens, Sixth Street launch equipment finance venture

Dakota Financial launches AI-based service for equipment finance

DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet

ATEL funds equipment for Berkshire Hathaway subsidiaries

First Citizens, Sixth Street form equipment finance JV

Equipment lenders see January M&A jump

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