After Fed rate cut, Powell says jobs market no longer very solid
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this...
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Lender Operations
Mobilization Funding launches embedded finance platform Maximus
Mobilization Funding has introduced Maximus, an all-in-one loan management platform designed to simplify and speed up lending for contractors, manufacturers...
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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...
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Live Oak Bank deploys new commercial lending platform
Live Oak Bank has deployed Cync Software’s commercial lending platform to streamline financial spreading, automate credit risk analysis and improve...
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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. ...
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Inside Gordon Brothers’ equipment finance JV with Davidson Kempner
Global asset management firm Gordon Brothers is expanding its private commercial equipment finance offerings through a joint venture with investment...
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Fleet Advantage unveils software platform OffLease Reimagined
Fleet Advantage has launched OffLease Reimagined, a new fleet-oriented software platform designed to streamline and modernize the heavy-duty truck lease...
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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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