CDK tells customers dealer system likely down until June 30
Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end ...
Tag: commercial financing
CDK Global attack impacts truck dealers
Commercial truck dealers continue to feel the impact of a cybersecurity attack on dealer management system provider CDK Global. Penske ...
Equipment finance industry confidence rises in June
Equipment finance industry confidence improved on an annual basis in June as stress persists despite increased optimism. Equipment finance industry ...
New US home construction plunges to slowest pace since June 2020
New home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates ...
Toro Company Red Iron outstandings dip 7% in Q2
Outdoor power equipment manufacturer The Toro Company‘s finance joint venture originations declined in the second quarter alongside the manufacturer’s professional ...
Rinaldi, Verity partner to push for dealer F&I
Equipment finance advisors Rinaldi Advisory Services and Verity Capital Advisors have partnered to improve dealer finance and insurance operations, while ...
As-a-service financing grows in equipment industry
Demand for bundled, as-a-service products continues to grow in the equipment industry as more customers seek complete solutions. To meet ...
DLL grew global portfolio across all regions in 2023
Equipment financier DLL increased its managed portfolio, net profit and net income in 2023, as it continued to expand its ...
