Spring Free EV debuts tax equity product for commercial fleets
Fintech Spring Free EV is gearing up to launch a product that will allow fleet managers to access residual capital...
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Traton Financial Services revenue rises 30%
Traton Financial Services’ revenue rose in the third quarter of 2023 as the company expanded its truck and bus portfolio...
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Paccar Financial Services revenue up 25% YoY
Positive portfolio quality, heightened used truck sales, and product launches led to growth in Paccar Financial Services’ revenue and portfolio...
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AI coming to equipment finance
PHOENIX — Equipment finance companies foresee development of artificial intelligence tools specific to their industry within 10 years as AI...
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Cyclical recession could be good news for some equipment financiers
PHOENIX — A cyclical recession could open the door for equipment financiers with lending capacity. Concerns over a possible recession...
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Volvo North American construction orders jump 196%
Swedish equipment manufacturer Volvo Group’s North American construction equipment orders spiked in the third quarter as dealers began placing 2024...
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Volvo Financial Services originations up 18%
Commercial financier Volvo Financial Services’ new retail financing volume reached a record in the third quarter amid “fierce competition” from...
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Trnsact surpasses $1B in platform transaction volume
Commercial equipment finance software platform Trnsact has surpassed $1 billion in transaction volume on its platform and the company is...
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