New business volume down 7% YoY in March
New business volume in the equipment finance sector declined year over year in March but shot up from February. Overall...
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Lender Operations
Weakened demand for business loans in 4th quarter: ELFF survey
Investment into real equipment and software for the equipment financing market is expected to grow 2.2% in 2024, despite weakened...
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Special Counsel Mehul Madia joins Equipment Finance Connect faculty
Mehul Madia, special counsel at Sheppard Mullin Richter & Hampton’s Washington, office, will discuss best practices for dealers to navigate...
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Agnellis’ CNH taps Iveco’s Gerrit Marx as new chief executive
CNH Industrial NV, the tractor and construction machinery maker controlled by Italy’s billionaire Agnelli family, appointed Gerrit Marx its new...
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Equipment finance industry confidence dips in April as lenders await rate cuts
News that interest rate cuts might not materialize for several months has pushed confidence in the equipment finance sector slightly...
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Wintrust outstandings up in first quarter
Financier Wintrust Specialty Finance reported its overall outstandings increased in the first quarter to $3.6 billion, up from $3.4 billion...
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Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it...
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Lender earnings roundup: Funding volumes up
Business volume, both new and existing, is on the rise for equipment finance lenders, based on recent first-quarter earnings reports....
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