Redaptive announces $137.4M equipment finance ABS
Redaptive has closed its first equipment finance asset-backed securitization, which is expected to total approximately $137.4 million. The Denver-based energy...
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Lender Operations
AI driving funding growth via credit adjudication
Wintrust Specialty Finance’s use of AI for credit adjudication is contributing to substantial funding volume, reflecting broader AI trends in...
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Trinity Capital equipment loans jump 63% YoY
Trinity Capital increased its equipment finance investments and portfolio outstandings in the second quarter as the Phoenix-based alternative asset manager...
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Cat Financial Q2 retail new business volume rose 8.8% YoY
Cat Financial reported improved results in the second quarter as higher average earning assets supported revenue and profit growth and...
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Departing President Leigh Lytle has positioned ELFA for tech success
Equipment Leasing and Finance Association President and Chief Executive Leigh Lytle has worked rigorously to position the industry for long-term success amid the tech...
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Amur Equipment Finance launches AI tool for credit apps
Amur Equipment Finance has launched Deal Sense, an AI-powered tool designed to help its lending partners evaluate credit applications within...
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CNH Industrial Capital originations fall 7.6%
CNH Industrial Capital’s originations, revenue and net income declined in the second quarter as delinquencies rose amid credit pressure in...
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Vibrant Credit Union partners with Manitou Group
Vibrant Credit Union has teamed up with construction OEM Manitou Group North America to provide equipment financing to consumers and...
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