EquipmentShare issues $1B in private bond offerings
Equipment rental and asset management company EquipmentShare issued a combined $1 billion in private bond offerings this year as the...
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Equipment industry repos, abandonments on the rise
Equipment repossessions and abandonments continue to grow in the equipment industry as default rates rise from pandemic-era lows. Repossessions have...
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UAW says 4,000 union workers at Mack Trucks will strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in the latest...
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Small-ticket financing creating collections problems
Fake and missing addresses are creating hiccups in the collections process for equipment lenders as charge-offs increase and credit conditions...
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Equipment lessors use AI for competitive advantage
SAN ANTONIO — Equipment lessors are turning to AI to gain a competitive leasing advantage. The equipment leasing and financing...
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NEFA joins fight against Dodd-Frank
SAN ANTONIO — The National Equipment Finance Association (NEFA) plans to join efforts to prevent the Consumer Financial Protection Bureau...
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CNH Industrial Capital to finance Steelwrist attachments on excavators
CNH Industrial Capital is now financing Steelwrist attachments for CASE Construction equipment as the OEM looks to lean on its...
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Volvo pushes installation, marketing efforts to vendors for electrification
Volvo Group’s subsidiaries are providing installation and marketing support to vendors looking to sell the OEM’s electrified equipment in a...
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