Alta’s new equipment floorplan payables fall 17.9% YoY
Alta Equipment Group reported a decline in floorplan expense, as well as an increase in new and used sales, as market conditions improved. ...
Tag: dealer operations
AI dealer platform Brilliant Harvest secures $4M seed funding
Brilliant Harvest, an AI customer experience platform focused on the heavy equipment industry, has secured $4 million in seed financing ...
Dealer consolidation to strengthen in 2026 despite higher rates
Dealer consolidation in the equipment sector is expected to continue in 2026, even as higher floorplan interest rates and economic uncertainty persist. ...
SMS Equipment acquires Finland’s Suomen Rakennuskone Oy
Canadian heavy equipment dealer SMS Equipment has expanded into Europe with the acquisition of Suomen Rakennuskone Oy, one of Finland’s ...
Bailey acquires Equipment Depot’s Washington operations
Bailey Equipment & Intralogistics announced its entry into the Washington market with the acquisition of Equipment Depot’s Washington state operations, ...
OceanFirst Financial, Flushing Financial merger leads December M&A
Several smaller equipment dealers, lenders and OEMs were active in M&As in December, as companies looked to grow operations ahead ...
Top 5 equipment finance tech stories of 2025
Dealers, lenders, OEMs and rental companies reaped the benefits of AI advancements and new machine technologies in 2025 while learning to manage the ...
How lender, dealer insights shape AI tools
Technology providers are examining equipment lender and dealer perspectives to fully unlock the potential of AI and establish long-term partnerships. Nearly 70% of financial ...
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