Kubota U.S. equipment sales drop as ag market tightens
Japanese equipment manufacturer Kubota grew its finance receivables by roughly 4.6% in the first quarter, but is bracing for a...
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Dealers depending on lenders to maintain sales velocity
As the equipment inventory market moves closer to pre-pandemic levels, dealers are relying on lenders to maintain velocity to close...
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Agricultural dealers brace for slowdown
Dealers of agricultural equipment are bracing for a continued downturn in the market as their farming customers pull back spending. ...
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Hyster-Yale backlog bolsters company performance
Material handling manufacturer Hyster-Yale reduced backlog and increased sales in the first quarter of 2024 as supply chain and lead...
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Section 1071 likely to survive government challenges
NASHVILLE — Section 1071 of the Dodd-Frank Act sits in legislative limbo though expectations persist that the regulation will remain...
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New regulations prompt industry investment in tech
NASHVILLE — The commercial equipment financing industry has been slower to adopt technology than the auto industry, in part because...
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Fed: Businesses replacing, updating equipment despite interest rates
NASHVILLE — Businesses are replacing and updating their equipment despite unpredictable interest rates, Federal Reserve economist Martin Lavelle told attendees...
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Lenders should ‘think like a dealer’ to develop new business
NASHVILLE — Lenders can better optimize their business and returns by considering the dealer’s perspective. “It’s really easy in...
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