Ares’ Ansley Park to target ‘less-served’ equipment businesses
Ansley Park Capital, the newly launched specialty finance arm of investment management firm Ares Management, will prioritize lending to companies...
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Lender Operations
First Foundation exits equipment finance
Irvine, Calif.-based First Foundation Bank has closed its equipment finance department to refocus on its core business and operating strategy. ...
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Ares Management enters equipment finance market with launch of Ansley Park Capital
Investment management firm Ares Management has entered the equipment finance market with the launch of Ansley Park Capital, a specialty...
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Kubota Credit’s David Costa joins Equipment Finance Connect faculty
David Costa chief technology officer of Kubota Credit, will join the 2024 Equipment Finance Connect conference to discuss strategies for...
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Daimler Truck financial services revenue more than doubles in 2023
Daimler Truck saw its financial services revenue more than double in the past year as new business volume rose by...
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ELFA: New business volume up 6% YoY in January
The Equipment Leasing and Finance Association’s monthly index of 25 equipment finance companies found that new business volume rose 6%...
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Fed’s preferred inflation metric increases by most in a year
The Federal Reserve’s preferred gauge of underlying inflation rose in January at the fastest pace in nearly a year, helping...
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Auctions not always best for reselling returned equipment
Lenders looking to resell their returned used equipment may find more value in transactions outside the auction house. While banks...
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