Trnsact surpasses $1B in platform transaction volume
Commercial equipment finance software platform Trnsact has surpassed $1 billion in transaction volume on its platform and the company is...
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Lender Operations
Equipment industry repos, abandonments on the rise
Equipment repossessions and abandonments continue to grow in the equipment industry as default rates rise from pandemic-era lows. Repossessions have...
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Equipment lessors use AI for competitive advantage
SAN ANTONIO — Equipment lessors are turning to AI to gain a competitive leasing advantage. The equipment leasing and financing...
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NEFA joins fight against Dodd-Frank
SAN ANTONIO — The National Equipment Finance Association (NEFA) plans to join efforts to prevent the Consumer Financial Protection Bureau...
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Equipment finance executives to watch in 2024
Equipment lenders, service providers and vendors are advancing the equipment industry as new technologies, procedures and opportunities emerge in equipment...
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Equipment companies target 50% emissions reduction by 2030
Equipment lenders are working to reduce emissions within the next decade, prompting companies to adapt their strategies and commit capital...
Read moreDetailsSociete Generale vague on equipment finance future
Multinational financial services company Societe Generale’s equipment finance business doesn’t yet have a “for sale” sign, but the future of...
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Tamarack Technology, Rinaldi Advisory Services merge AI, intelligence
Equipment finance software company Tamarack Technology and equipment finance consulting firm Rinaldi Advisory Services are combining resources and expertise to...
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