Used construction inventory wanes ahead of yearend purge
Construction equipment dealers may be looking to purge aging machines in the coming months to refresh retail and rental fleets...
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United Rentals announces notes offering, plans to redeem older offering
United Rentals is raising $1.5 billion by selling senior notes, which come due in 2033, and plans to use part...
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Wingspire issues more than $130M to PE-backed companies
Wingspire Equipment Finance has provided more than $130 million in financing to six companies backed by a global private-equity sponsor....
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Equipment lender confidence steady amid interest-rate optimism
Equipment lender sentiment is holding steady as financiers look to capitalize on lower interest rates, pent-up demand and new tax breaks. The Equipment...
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Medium-duty truck values dip again despite heavy-duty stability
Used medium-duty truck values declined again in October, but heavy-duty truck values improved slightly. Despite higher new-truck costs, the truck market...
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Beequip Equipment Finance finalizes $576M ABS
Beequip Equipment Finance has priced its first asset-backed securitization, a 500 million euro ($576 million) deal backed by leases for...
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Silicon Valley Bank provides growth capital facility to tech provider Lumafield
Technology provider Lumafield has received a $50 million growth capital facility from Silicon Valley Bank, a division of First Citizens...
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Truck lenders ‘underwrite wrong things,’ analyst says
Truck lenders must look beyond traditional credit metrics to find strong operators in light of industry challenges, with a heightened...
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