Equipment finance originations tick up 6% YoY
The equipment finance industry ended 2025 on a high note as originations spiked while credit approvals remained elevated. New business...
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Lender Operations
Huntington’s net charge-offs improve 59 basis points
Huntington Bank’s net charge-offs for equipment lease financings improved in the fourth quarter of 2025 as the lender recovered lease financings amid an overall improvement in its commercial...
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Equipment lender confidence hits 11-month high
Equipment lender sentiment improved this month amid new financing opportunities, technology innovations and interest-rate optimism. The Equipment Leasing and Finance...
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Maxim Commercial Capital sees 21% staff expansion
Equipment lender Maxim Commercial Capital grew its staff by 21% in 2025 as it provided financing solutions to small and...
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North Mill originations total $1.8B in 2025
North Mill Equipment Finance, an independent commercial equipment lender and lessor, reported $1.8 billion in total originations in 2025, a...
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PNC equipment lease financing rises 6.2% YoY
PNC Financial Services’ equipment lease financing portfolio grew during the fourth quarter as equipment market conditions showed signs of strength. Pittsburgh-based PNC’s equipment lease financing...
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Targeted Lending expands Wells Fargo facility to $125M
Equipment finance provider Targeted Lending has expanded its senior credit facility from Wells Fargo Capital Finance to $125 million, setting...
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Truist expands equipment finance ops with new head of structured credit
Truist Financial Corp. has appointed Mark Cuccinello head of structured credit to oversee asset-based lending, working capital solutions and equipment...
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