PACCAR Financial Services revenue up more than 18%
PACCAR Financial Services, the financing arm of Bellevue, Wash.-based truck maker PACCAR, saw record first-quarter revenues of $509.3 million amid ...
Tag: commercial financing
Bank consolidation heats up again
Bank consolidations related to equipment and commercial finance are heating up as regional banks continue to navigate the high interest ...
New business volume down 7% YoY in March
New business volume in the equipment finance sector declined year over year in March but shot up from February. Overall ...
Ford fleet sales jump; GM fleet sales slide
Vehicle manufacturers Ford and General Motors experienced mixed commercial sales results, as demand persists but tightening credit forces prioritization. Ford ...
Weakened demand for business loans in 4th quarter: ELFF survey
Investment into real equipment and software for the equipment financing market is expected to grow 2.2% in 2024, despite weakened ...
Equipment finance industry confidence dips in April as lenders await rate cuts
News that interest rate cuts might not materialize for several months has pushed confidence in the equipment finance sector slightly ...
Wintrust outstandings up in first quarter
Financier Wintrust Specialty Finance reported its overall outstandings increased in the first quarter to $3.6 billion, up from $3.4 billion ...
Smaller operators waiting for more fleet electrification
State and federal regulators continue to push for commercial and fleet electrification while some smaller operators are waiting on their ...
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