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News

A seal at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Saturday, April 16, 2022. The Credit-reporting company TransUnion is an "out-of-control" repeat offender engaging in deceptive marketing practices the CFPB alleged this week after filing a lawsuit.

Lender Operations

Small business lending data collection rule change expected in March

byJoey Pizzolato

February 15, 2023

Changes to the Equal Credit Opportunity Act (ECOA) that would require equipment lenders to submit to the Consumer Financial Protection...

A Terex Corp. crane sits on the construction site of the American Mobility Center (ACM) in Ypsilanti, Michigan, U.S., on Tuesday, Aug. 15, 2017. Representative Debbie Dingel, a Democrat from Michigan, and Representative Bob Latta, a Republican from Ohio, visited the ACM to meet with experts in the autonomous vehicles industry as the two work together to advance bipartisan self-driving vehicle legislation through the House floor.

Material Handling

Terex Corp. ends 2022 with $4.1B backlog

byJohnnie Martinez II

February 14, 2023

Equipment manufacturer Terex Corporation posted an increase in total backlog orders in 2022 as demand held steady across its aerial...

Dealer Operations

Equipment SaaS companies Texada, Uptake Canada complete merger

byJohnnie Martinez II

February 10, 2023

Equipment rental and mobile SaaS provider Texada Software and equipment dealer SaaS provider Uptake Canada completed a merger this week...

Lender Operations

DLL closes first ABS deal of 2023

byJohnnie Martinez II

February 9, 2023

Vendor financier DLL closed its first asset-backed securitization deal of 2023 on Feb. 2 — an $850 million transaction backed...

Lender Operations

Chicago Fed’s Lavelle joins Equipment Finance Connect speaker faculty

byAmanda Harris

February 6, 2023

Martin Lavelle, senior business economist at the Federal Reserve Bank of Chicago, will take the stage to discuss the Fed's...

Equipment Financers remain optimistic despite recession talks

Lender Operations

As banks tighten credit, equipment financers see opportunity

byJohnnie Martinez II

February 3, 2023

Equipment financiers remain optimistic about 2023, even as inflation and recession fears continue to linger. “Our folks haven't missed a...

Construction

Cat Financial revenues jump despite drop in new business volume

byJohnnie Martinez II

February 1, 2023

Cat Financial, the finance subsidiary of equipment manufacturer Caterpillar, posted increased revenues despite declining new business volume thanks to favorable...

Lender Operations

Expanded Equipment Finance Connect agenda focuses on best practices for finance operations

byJohnnie Martinez II

January 30, 2023

Royal Media’s newly expanded agenda for the 2023 Equipment Finance Connect emphasizes educational sessions on best practices for finance operations. ...

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News

Small business lending data collection rule change expected in March

Terex Corp. ends 2022 with $4.1B backlog

Equipment SaaS companies Texada, Uptake Canada complete merger

DLL closes first ABS deal of 2023

Chicago Fed’s Lavelle joins Equipment Finance Connect speaker faculty

As banks tighten credit, equipment financers see opportunity

Cat Financial revenues jump despite drop in new business volume

Expanded Equipment Finance Connect agenda focuses on best practices for finance operations

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