ELFA: New business volume, employment fall in June
New business volume in equipment finance slowed year over year in June. The stall is attributed to fewer new bank...
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Lender Operations
Report: Lending climate tightens — again
Some industries tied to heavy equipment felt the strain of tightened lending standards in the first quarter while others showcased...
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Lender earnings roundup: Nonperforming loans rise
Nonperforming assets and loans are rising for equipment finance lenders, based on second-quarter earnings reports. Brookline Bancorp Brookline Bancorp’s equipment...
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Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit...
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Fed seen signaling September rate cut at next week’s meeting
The Federal Reserve is likely to signal next week its plans to cut interest rates in September, according to economists...
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Equipment finance industry confidence continues to grow in July
Confidence among equipment finance lenders continued to rise in July, even though none of those surveyed rated the United States...
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Equipment investment poised for continued growth
The heavy-equipment investment market is expected to grow in the second half of 2024 as inflationary pressures ease, with trucking...
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Syndifi, Tamarack partner to improve equipment finance capital market
Equipment finance service provider Syndifi and Tamarack Technology announced a partnership to improve equipment lenders' capital market access through their...
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