Alliance Funding Group, Lightbrook form new venture
Equipment financiers Alliance Funding Group and Lightbrook have formed a new entity to provide streamlined financial solutions that support large ...
Tag: commercial financing
Midland, Banc of California shrink equipment finance portfolios in 2024
Several lenders shrunk their equipment finance and leasing portfolios in 2024 while grappling with increased charge-offs, highlighting challenges facing some ...
Independent lenders fill ‘critical gaps’ as banks pull back
Independent equipment lenders are capitalizing on their flexibility and personalized service to fill funding gaps created by banks’ growing conservatism. ...
First Busey Corp. receives approval for CrossFirst merger
First Busey Corporation, the holding company for Busey Bank, announced it has received Federal Reserve approval to acquire CrossFirst Bankshares, ...
Rent-to-rent rentals key to equipment business development
ORLANDO, Fla. — Equipment rentals for the primary purpose of re-renting are a key component to successful development of an ...
Equipment lender confidence reaches 30-month high
Improving economic conditions and potential tax breaks are expected to drive up equipment purchasing this year, contributing to increased lender ...
Basel III could exacerbate challenges facing equipment lenders
Basel III compliance could compound challenges facing the equipment finance industry as banks become increasingly conservative while grappling with declining ...
Alta Group predicts equipment finance growth in 2025
The equipment finance industry appears set for growth in 2025 after a pause that set it back following the collapse ...
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