Equipment industry sees rise in small business bankruptcies
As small business bankruptcies rise in some equipment industries, Subchapter V of Chapter 11 is gaining favor as a faster,...
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FNB, Huntington, PNC see lease financing growth
First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment...
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Commercial Credit Group closes $514M ABS deal
Equipment financier Commercial Credit Group has finalized a $513.8 million term asset-backed security transaction, its largest to date. The securitization...
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Sany Heavy Industry seeks $1.6 billion in Hong Kong listing
Sany Heavy Industry Co. started taking investor orders to raise as much as HK$12.4 billion ($1.6 billion) in a Hong...
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Equipment financiers say outlook brightened by reshoring, lower interest rates
The potential for reshoring, lower interest rates and more clarity surrounding tariffs is boosting equipment lenders’ outlook for 2026. Equipment...
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Volvo Financial Services originations decline 8.6%
Volvo Financial Services’ originations fell in the third quarter, although the lender’s penetration rate and number of units financed rose. ...
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First Citizens Bank acquires 138 BMO branches
First Citizens Bank & Trust, a subsidiary of First Citizens BancShares, agreed to buy 138 branches from BMO Bank across...
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Volvo sees North America weakness lasting in 2026 on tariffs
Volvo AB shares fell the most in six months after the truckmaker warned that a demand slowdown sparked by uncertainties...
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