CFPB proposes Section 1071 revisions, narrowing scope of data collection
The Consumer Financial Protection Bureau is proposing major revisions to its Section 1071 small business lending rule, aiming to simplify...
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Cat dealer Finning sees used equipment sales soar 122%
Canadian Caterpillar dealers Finning International and Toromont Industries saw used equipment sales and rental revenue climb in the third quarter...
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Mitsubishi HC Capital America partners with data platform OwlSure
Mitsubishi HC Capital America has partnered with OwlSure to build a scalable, cloud-native data platform on Microsoft Azure. The new...
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Equipment lenders tackle residual value uncertainty on new tech
As new equipment becomes increasingly tech-driven, lenders looking to navigate residual value uncertainty are aligning themselves with resellers, OEMs and...
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Alamo Group sales rise, Kubota revenue falls as tariffs shift ag market
As the agricultural sector continues to face pressure from tariffs and bankruptcies, equipment manufacturers Alamo Group and Kubota reported mixed...
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CFPB funding in jeopardy following DOJ decision
The Consumer Financial Protection Bureau may run out of funds to operate in early 2026 after the Department of Justice’s Office of Legal...
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Titan Machinery to divest German dealership ops
Agriculture and construction equipment dealership Titan Machinery plans to divest its operations in Germany to New Holland dealers in the...
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Rental market buoyed by usage-based payments, flexible floorplans, data
Equipment lenders are deploying usage-based models, customizable floorplans and digital tools to capitalize on growing rental demand while supporting rental...
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