Equipment finance leaders urge collaboration as uncertainty persists
Facing excess inventory, elevated equipment prices and tightening credit, leaders in the equipment finance industry say collaboration among dealers, lenders ...
Tag: commercial financing
Paccar Financial continues growth amid truck sales slowdown
Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenue and assets increase during the third quarter despite ...
Caterpillar invests in US manufacturing, workforce training
Caterpillar announced a $725 million expansion of its large engine facility in Lafayette, Ind., one of the company’s biggest manufacturing ...
FNB, Huntington, PNC see lease financing growth
First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment ...
Commercial Credit Group closes $514M ABS deal
Equipment financier Commercial Credit Group has finalized a $513.8 million term asset-backed security transaction, its largest to date. The securitization ...
Sany Heavy Industry seeks $1.6 billion in Hong Kong listing
Sany Heavy Industry Co. started taking investor orders to raise as much as HK$12.4 billion ($1.6 billion) in a Hong ...
Equipment financiers say outlook brightened by reshoring, lower interest rates
The potential for reshoring, lower interest rates and more clarity surrounding tariffs is boosting equipment lenders’ outlook for 2026. Equipment ...
Volvo Financial Services originations decline 8.6%
Volvo Financial Services’ originations fell in the third quarter, although the lender’s penetration rate and number of units financed rose. ...
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