Gordon Brothers arranges $146M in construction financing
Global financial services and asset management firm Gordon Brothers has facilitated a CA$200 million ($146.3 million) financing deal for Morgan Construction to...
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Kenworth, Peterbilt maker cuts jobs in Quebec amid weak market
Truck maker PACCAR Inc., parent company of the Kenworth and Peterbilt nameplates, will lay off 175 employees in its Sainte-Therese,...
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Daimler to begin assembling Mercedes trucks in Senegal this year
Daimler Truck Holding AG plans to establish an assembly plant in Senegal, with production of Mercedes-Benz trucks scheduled to begin...
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Dealers offer longer terms, skip payments amid farmer woes
Prolonged challenges facing farmers are prompting equipment dealers to explore flexible financing options to lower monthly payments and close deals. ...
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Big, Beautiful Bill a ‘major victory’ for equipment finance
The U.S. House of Representatives today passed President Donald Trump’s One Big Beautiful Bill Act in a 218-214 vote, and...
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Dealer efficiency crucial to expanding finance ops
Equipment dealers looking to expand their finance operations must focus on efficiency so lenders have the confidence to work with...
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Podcast: Flexible relationships key to navigating market, says Mitsubishi HC Capital America’s Mann
Flexible financing partnerships between dealers, lenders and OEMs; customized financing solutions; investing in scalable integrated technologies; and customer education are...
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Higher loan rates in Brazil threaten tractor sales rebound
Brazil has raised interest rates on farm equipment financing, threatening to constrain a much-needed recovery in tractor sales. Borrowing costs...
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