Elevex Capital forms advisory board amid early growth
Elevex Capital has formed an advisory board comprising seven industry veterans as the equipment financier looks to scale its platform...
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Bezos-backed EV truck startup Slate Auto raises $650 million
Slate Auto, the electric vehicle startup backed by Jeff Bezos, has raised $650 million to fund its effort to bring...
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Caterpillar names Epley CFO
Construction OEM Caterpillar has appointed Kyle Epley chief financial officer, effective May 1. He will replace Andrew Bonfield, who is retiring on...
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International, Samsara expand technology partnership
Samsara grew its pre-delivery installation program through a new partnership with International Motors, putting factory-installed telematics on new trucks and...
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US CPI surges 0.9% in largest monthly jump since 2022 on gas
US inflation surged in March by the most in nearly four years as the war with Iran sent gasoline prices...
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Construction lenders dig into data center gold mine
Construction equipment lenders are fattening their portfolios in the wake of the data center boom, and flexible financing is key...
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Hilco launches expanded ABL platform
Hilco Global has launched an expanded asset-based lending platform through its Hilco Global Asset Management unit. The Northbrook, Ill.-based firm...
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John Deere Financial expanding use of machine-level data
John Deere Financial wants to expand the use of data it gets directly from connected equipment to improve credit decisioning,...
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