UK power equipment rental firm Aggreko files for US IPO
Aggreko Plc filed for a US initial public offering, revealing the private equity-backed power equipment rental company turned profitable as...
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US new-home sales decline to lowest level since January
US new-home sales declined in July to a six-month low, indicating higher mortgage rates are curbing demand even as builders...
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Spark Dealer Group expands into Central Florida
Spark Dealer Group acquired Commercial Lawn Equipment, an outdoor power equipment dealership in Lakeland, Fla., expanding its Florida footprint and...
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Lenders should not be on ‘leading edge’ with AI, Solifi CTO says
While many asset-based lenders are scrambling to adopt AI to keep up with competitors, Solifi is taking a slow-and-steady-wins-the-race approach. Auto and equipment lenders...
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Fox Ridge Capital goes live on LTi platform
Fox Ridge Capital is now fully operation on LTi Technology Solutions’ ASPIRE platform six months after selecting the lease and...
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Equipment finance confidence dips amid high rates, inflation
Macroeconomic challenges dampened equipment lender sentiment this month despite strong demand for equipment overall. The Equipment Leasing and Finance Association's...
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PEAC Solutions promotes Fanz to SVP of operations
Global equipment lender PEAC Solutions has promoted Jennifer Fanz to senior vice president of operations, effective Sept. 1., the company...
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John Deere Financial earnings rise on wider spreads
Wider financing spreads boosted John Deere Financial’s earnings in its fiscal third quarter, helping the company overcome lower revenue and...
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