Weakened demand for business loans in 4th quarter: ELFF survey
Investment into real equipment and software for the equipment financing market is expected to grow 2.2% in 2024, despite weakened...
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News
Special Counsel Mehul Madia joins Equipment Finance Connect faculty
Mehul Madia, special counsel at Sheppard Mullin Richter & Hampton’s Washington, office, will discuss best practices for dealers to navigate...
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Agnellis’ CNH taps Iveco’s Gerrit Marx as new chief executive
CNH Industrial NV, the tractor and construction machinery maker controlled by Italy’s billionaire Agnelli family, appointed Gerrit Marx its new...
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Equipment finance industry confidence dips in April as lenders await rate cuts
News that interest rate cuts might not materialize for several months has pushed confidence in the equipment finance sector slightly...
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Commercial truck sales decline in first quarter
Overall sales for commercial trucks declined in the first quarter of 2024 as high-interest rates and prices pushed down demand...
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Wintrust outstandings up in first quarter
Financier Wintrust Specialty Finance reported its overall outstandings increased in the first quarter to $3.6 billion, up from $3.4 billion...
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Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery...
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Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it...
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