Business cycle normalization expected in 2024
The business cycle is expected to return to normal in 2024, with improved macroeconomic conditions and equipment asking values, according...
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Lender Operations
Jupiter Financial rebrands as Jupiter Equipment Finance
Jupiter Financial, a provider of commercial equipment financing solutions, has rebranded as Jupiter Equipment Finance. Existing customers will not be...
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Why retiring ELFA President Ralph Petta sees more equipment transactions via financing
Ralph Petta, president and chief executive of the Equipment Leasing and Finance Association, who is preparing for retirement after 36...
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Triangle Equipment Finance inks deal with LTi Technology Solutions
Triangle Equipment Finance has signed a deal with cloud-based lease and loan platform provider LTi Technology Solutions to use LTi’s...
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Heavy equipment prepayments ebb
Prepayments on securitized heavy equipment loans have started to decline, after remaining elevated since the pandemic, JPMorgan Securities data shows....
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Equipment finance originations drop amid tightened credit
Equipment finance originations declined year over year in October as concerns persist over banks pulling back and credit standards tightening. ...
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Deere projects financial services growth in 2024
Deere & Co. projects financial services growth in fiscal 2024 despite expecting a double-digit decline in net sales across all...
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HBS Systems integrates Trnsact platform
HBS Systems, a web-based equipment dealership management solutions provider, is integrating Trnsact’s digital finance and insurance platform to streamline financing...
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