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 ...
Tag: earnings
Fleet Advantage highlights 2024 achievements, innovations
Fleet Advantage closed 2024 with significant accomplishments, including the addition of new clients and the management of over 30,000 units. ...
Opportunity knocks: Rental gross margins a dealer profit center
Large rental houses and equipment-as-a-service providers continue to see double-digit growth on the back of large profit margins and equipment ...
First National Capital reports record annual fundings
First National Capital Corporation achieved a record annual funding volume of $448 million for 2024, marking a significant milestone in ...
Trinity Capital reports record $1.2B in funding for 2024
Trinity Capital announced a record-breaking year with $1.2 billion in total funding for 2024, fueled by $297 million of investments ...
C.H. Brown sees significant growth during 2024 yearend
Equipment financier C.H. Brown reported significant growth in December, the fourth quarter, and throughout 2024. C.H. Brown's December new business ...
Farm slump dragging into 2025 to weigh on machinery maker AGCO
Shares of agriculture machinery maker AGCO Corp. fell the most in more than a month as the agriculture machinery maker ...
Toro’s Red Iron net receivables drop 6%
Red Iron, the finance joint venture minority owned by power equipment manufacturer The Toro Co., reported a decline in net ...
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