Daimler Truck Financial Services originations rise 4.2%
Daimler Truck reported origination growth for its financial services segment in the second quarter as unit sales and incoming orders...
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Dealers offloading trucks in spite of tight lending climate
Truck dealers are steadily offloading inventory despite lending standards that remain tight. One hundred percent of surveyed truck dealers reported improving or...
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Redaptive announces $137.4M equipment finance ABS
Redaptive has closed its first equipment finance asset-backed securitization, which is expected to total approximately $137.4 million. The Denver-based energy...
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AI driving funding growth via credit adjudication
Wintrust Specialty Finance’s use of AI for credit adjudication is contributing to substantial funding volume, reflecting broader AI trends in...
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RB Global inventory sales revenue climbs 28% in Q2
Commercial vehicle and equipment marketplace RB Global posted a surge in inventory sales revenue in the second quarter, driven by an expanding...
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Trinity Capital equipment loans jump 63% YoY
Trinity Capital increased its equipment finance investments and portfolio outstandings in the second quarter as the Phoenix-based alternative asset manager...
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Mitsubishi HC Capital America offering CMC dealers up to 100% inventory financing
CMC North America dealers can finance up to 100% of equipment invoice value through a Mitsubishi HC Capital America preferred-lender...
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Cat Financial Q2 retail new business volume rose 8.8% YoY
Cat Financial reported improved results in the second quarter as higher average earning assets supported revenue and profit growth and...
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