Alta equipment sales revenue up 45% YoY
Alta Equipment Group new- and used- equipment sales revenue grew year over year as the company equipment dealer continues organic...
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Avoiding fraud: Contact parties, check addresses
Equipment lenders must be wary of the increased frequency of fraud currently plaguing the industry. Equipment financiers continue to...
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CNH Industrial Capital outstandings up 18%
CNH Industrial Capital’s portfolio of outstandings grew in the first quarter of 2023 due to consumer demand — despite rising...
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Regional bank shares plunge on fear of more rescues to come
PacWest Bancorp and Western Alliance Bancorp led a deep selloff in regional lenders Tuesday, as renewed fears over the health of...
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Terex maintains $4.1B backlog in Q1
Equipment manufacturer Terex Corp. maintained a backlog of $4.1 billion quarter over quarter as demand remained strong, despite continued supply...
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United Rentals sees 26% uptick in Q1
Equipment rental company United Rentals saw its rental revenue bolstered by strong demand and fleet productivity in the first quarter. Rental...
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Cat Financial originations down 11% YoY
Cat Financial originations declined in the first quarter due to high interest rates leading to more cash deals and increased...
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Equipment finance industry confidence declines again in April
Confidence in the equipment finance industry declined for the second consecutive month amid inflationary pressures and a slowdown in business...
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