Bot Auto completes first driverless truck validation run in Houston
Autonomous trucking startup Bot Auto just completed its first driverless hub-to-hub validation run in Houston, marking a milestone in its...
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Mobilization Funding launches embedded finance platform Maximus
Mobilization Funding has introduced Maximus, an all-in-one loan management platform designed to simplify and speed up lending for contractors, manufacturers...
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AI agents address KYC, retrievals, underwriting in equipment finance
Practical applications of AI agents are taking shape in the equipment finance and insurance industries while tech providers push the...
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Cummins, Komatsu to develop hybrid mining powertrains
Engine manufacturer and power systems provider Cummins and OEM Komatsu have signed a memorandum of understanding to jointly develop hybrid...
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Live Oak Bank deploys new commercial lending platform
Live Oak Bank has deployed Cync Software’s commercial lending platform to streamline financial spreading, automate credit risk analysis and improve...
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Equipment lenders prioritize flexible floorplan, dealer relationships amid supply chain shifts
Equipment lenders are adjusting to evolving supply chains and pricing dynamics by emphasizing closer dealer relationships and flexible floorplan financing. ...
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Inside Gordon Brothers’ equipment finance JV with Davidson Kempner
Global asset management firm Gordon Brothers is expanding its private commercial equipment finance offerings through a joint venture with investment...
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Fleet Advantage unveils software platform OffLease Reimagined
Fleet Advantage has launched OffLease Reimagined, a new fleet-oriented software platform designed to streamline and modernize the heavy-duty truck lease...
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