Daimler Truck Financial Services originations drops 12.4% YoY
Daimler Truck Financial Services' originations fell amid foreign exchange headwinds and elevated credit risk tied to a prolonged freight recession. ...
Tag: commercial financing
BMO Vice President Jody Ray joins Equipment Finance Connect 2026
Equipment Finance News is pleased to announce that Jody Ray, vice president and relationship manager at BMO Bank North America, will join Equipment Finance Connect 2026 ...
VitalEdge launches heavy equipment dealer AI platform
VitalEdge Technologies launched an artificial intelligence platform designed to help heavy equipment dealers improve operations and decision-making across sales, service, ...
Equipment-as-a-Service growth fueled by infrastructure boom, data centers, onshoring
The global equipment-as-a-service market is entering a growth phase driven by infrastructure spending, data center development and the onshoring of ...
Solifi launches AI-driven document verification tool
Solifi has launched an AI-driven document verification tool aimed at improving efficiency for auto and equipment finance lenders. The Minneapolis-based ...
Toro’s Red Iron originations dip 1.1% YoY
The Toro Co. reported modest shifts in dealer inventory financing activity in its fiscal first quarter while maintaining a sizable financing ...
Oakmont Capital Services’ Jackson, Hills Machinery’s Owen join EFC 2026
D.J. Jackson, director of business development at Oakmont Capital Services, and Skip Owen, director of sales for Hills Machinery, join Equipment Finance Connect 2026 to discuss “Lot Perspectives: ...
Elevex Capital launches vendor finance group
Elevex Capital launched its vendor finance group and expanded its leadership team to support embedded financing solutions for equipment sellers, ...
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