Why retiring ELFA President Ralph Petta sees more equipment transactions via financing
Ralph Petta, president and chief executive of the Equipment Leasing and Finance Association, who is preparing for retirement after 36...
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News
Triangle Equipment Finance inks deal with LTi Technology Solutions
Triangle Equipment Finance has signed a deal with cloud-based lease and loan platform provider LTi Technology Solutions to use LTi’s...
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Broker deals on the rise as banks tighten credit
Equipment finance broker and intermediary deals have been on the rise in the past month as more banks tightened credit...
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Heavy equipment prepayments ebb
Prepayments on securitized heavy equipment loans have started to decline, after remaining elevated since the pandemic, JPMorgan Securities data shows....
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Ford investing in commercial financing as demand outpaces supply
Ford Credit is developing more ways to support commercial vehicle financing as Ford increases its investment in its commercial segment. ...
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Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put...
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Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy...
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Equipment finance originations drop amid tightened credit
Equipment finance originations declined year over year in October as concerns persist over banks pulling back and credit standards tightening. ...
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