Fed holds rates steady, pausing for further inflation progress
Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate reductions last...
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Lender Operations
Wolters Kluwer reports surge in digitalization for equipment lease finance
Wolters Kluwer, a software, information and professional services provider, has released its fourth-quarter analysis from the Equipment Lease Finance Digital...
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Commercial Capital reports record $174M in originations in 2024
Equipment financier Commercial Capital Co. reached new heights in 2024 as it capitalized on increased equipment investment. The Lenexa, Kan.-based...
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Equipment loan originations spike 8% in December
Equipment loan originations soared in December, with the banking sector registering its largest month-over-month increase on record. The equipment finance...
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Abrigo acquires IFS to expand loan automation solutions
Abrigo, a compliance, credit risk and lending solutions provider, has bolstered its loan origination and management platform by adding equipment...
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Equipment lenders look to fintechs for Section 1071 compliance solutions
Fintechs are launching products and services to help equipment financiers meet compliance requirements as the industry embraces digitalization. At...
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Alliance Funding Group, Lightbrook form new venture
Equipment financiers Alliance Funding Group and Lightbrook have formed a new entity to provide streamlined financial solutions that support large...
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Midland, Banc of California shrink equipment finance portfolios in 2024
Several lenders shrunk their equipment finance and leasing portfolios in 2024 while grappling with increased charge-offs, highlighting challenges facing some...
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