Inside Alerus Financial’s new equipment finance division
Community bank Alerus Financial Corp. launched an equipment finance division as it aims to expand its specialty lending capabilities, according...
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Lender Operations
Equipment finance industry confidence rises in June
Equipment finance industry confidence improved on an annual basis in June as stress persists despite increased optimism. Equipment finance industry...
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What CFPB’s Supreme Court win means for Section 1071
On May 16, the U. S. Supreme Court, in a 7-2 ruling, held that the Consumer Financial Protection Bureau’s funding...
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Fed officials dial back rate forecasts, signal just one ’24 cut
Jerome Powell during a news conference following a Federal Open Market Committee meeting in Washington, DC on June 12.Photographer: Al...
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Toro Company Red Iron outstandings dip 7% in Q2
Outdoor power equipment manufacturer The Toro Company‘s finance joint venture originations declined in the second quarter alongside the manufacturer’s professional...
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Compliance tools key for equipment dealers, lenders
As the equipment industry faces increased scrutiny from federal and state regulators, compliance tools may be a solution to multiple...
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Equipment finance leaders assume new roles
Western Equipment Finance, M&T Bank and Maxim Commercial Capital are among equipment financiers that have announced promotions recently. Western Equipment ...
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First Business Bank’s new equipment finance president targets stable growth
First Business Bank’s new equipment finance president aims to sustain and stabilize its performance in the equipment finance portfolio as...
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