John Deere financial services sees 479% income surge
Net income generated by John Deere’s financial services division jumped 479% year over year in its second quarter of fiscal...
Read moreDetails
News
Ferronordic enters US market strong, despite construction softness
Construction and truck equipment dealer Ferronordic completed its first full quarter in the United States with the American division becoming...
Read moreDetails
US housing starts, permits fall short as mortgage rates rise
New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent...
Read moreDetails
Supreme Court upholds consumer watchdog’s funding
The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed...
Read moreDetails
Digitalization growing in equipment finance
Equipment finance digitalization continues to grow as dealers and lenders lean on digital contracting for compliance and security. Equipment finance...
Read moreDetails
Lease returns push construction inventory higher
An influx of lease returns from financing agreements signed during the pandemic pushed elevated inventory levels of used construction equipment...
Read moreDetails
Equipment execs gather at Equipment Finance Connect 2024
Equipment executives from across North America came together at Equipment Finance Connect 2024 in Nashville, Tenn., on May 5-7 to...
Read moreDetails
Used-truck inventory rises in April
Used-truck inventories continue to rise and showed no sign of hitting the brakes in April. Recent bankruptcies at trucking...
Read moreDetails
