BMO to sell truck, trailer financing businesses to Stonepeak
Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that ...
Tag: commercial financing
AI mania makes old-school industrials behave like chip stocks
Optimism surrounding the potential for industrial companies to profit from the artificial intelligence boom has fueled record-setting momentum in the ...
US inflation accelerates as gas, rent and food prices climb
US inflation continued to accelerate in April amid an ongoing climb in gasoline prices driven by the Iran war and ...
The Pete Store expands truck dealership ops as market improves
Peterbilt dealer The Pete Store’s recent acquisition of G.L. Sayre expanded its truck dealership operations along the East Coast as improving conditions in the ...
Bank-private credit partnerships reshape equipment finance
Banks are increasingly partnering with independent lenders and private credit firms to preserve client relationships while easing balance-sheet pressure, accelerating ...
Allied Industrial Partners acquires majority stake in Trinity Industrial
Private equity firm Allied Industrial Partners has made a majority investment in Trinity Industrial, a Gulf Coast-based equipment rental and ...
DLL names van den Heuvel COO
Global equipment lender DLL has promoted Rob van den Heuvel to chief operating officer effective May 9. Van den Heuvel, ...
TRATON raises $997M in green financing for commercial EVs
TRATON Group secured 850 million euros ($997 million) in green financing through its first green bond and green loan to ...
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