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Lender Operations

The grille of a Volvo VNR electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Lender Operations

Volvo Financial Services originations decline 8.6%

byJohnnie Martinez II

October 17, 2025

Volvo Financial Services’ originations fell in the third quarter, although the lender’s penetration rate and number of units financed rose. ...

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 Bank acquires 138 BMO branches

byEquipment Finance News, AI Assisted

October 17, 2025

First Citizens Bank & Trust, a subsidiary of First Citizens BancShares, agreed to buy 138 branches from BMO Bank across...

The Canadian Western Bank headquarters in Edmonton, Alberta, Canada, on Monday, June 17, 2024. National Bank of Canada agreed to buy Canadian Western Bank for about C$5 billion ($3.6 billion) in stock in a tie-up of two of the country's regional lenders.

Lender Operations

More M&A activity could spur increased lender opportunity

byJohnnie Martinez II

October 16, 2025

Lenders in the equipment industry can stay ahead of disruptions from continued M&A activity by joining the party through acquisitions...

Freight truck moves on the road at sunny day time.

Lender Operations

Truck lenders must be ‘proactive, not reactive’ during freight downturn

byQuinn Donoghue

October 16, 2025

MINNEAPOLIS — While some equipment lenders have pulled back from the transportation segment in recent years, others are determined to...

Equipment finance industry confidence declines in March

Lender Operations

Equipment finance confidence holds steady in October

byEquipment Finance News, AI Assisted

October 16, 2025

Confidence in the equipment finance industry remained strong for the fifth consecutive month as portfolio performance remained resilient. Confidence in...

Commercial and residential buildings rise out of the skyline in this elevated view of Tokyo, Japan, on Thursday, Nov. 13, 2008. Real estate values are tumbling in New York, London and Tokyo as the global credit crisis has roiled lending and sidelined buyers.

Lender Operations

Flagstar’s leadership shift sharpens equipment finance focus

byJohnnie Martinez II

October 15, 2025

Flagstar Bank is realigning its commercial division, unifying its secured lending businesses into one specialty finance brand. Uniting the bank’s...

Forklift trucks in front of distribution warehouse

Lender Operations

Bidadoo fills small-ticket financing void in online equipment auctions

byQuinn Donoghue

October 15, 2025

MINNEAPOLIS — Online equipment auction company bidadoo is embracing technology to expand and streamline small-ticket financing options. The Seattle-based company...

The financial district of Santiago, Chile, on Monday, Jan. 6, 2025. Chiles central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.

Lender Operations

Wafra launches Broadleaf Financial for equipment leasing

byEquipment Finance News, AI Assisted

October 15, 2025

Global investment firm Wafra has launched Broadleaf Financial Group, a specialty finance company providing customized leasing and financing solutions to...

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