AI driving funding growth via credit adjudication
Wintrust Specialty Finance’s use of AI for credit adjudication is contributing to substantial funding volume, reflecting broader AI trends in ...
Tag: equipment finance
RB Global inventory sales revenue climbs 28% in Q2
Commercial vehicle and equipment marketplace RB Global posted a surge in inventory sales revenue in the second quarter, driven by an expanding ...
Trinity Capital equipment loans jump 63% YoY
Trinity Capital increased its equipment finance investments and portfolio outstandings in the second quarter as the Phoenix-based alternative asset manager ...
Mitsubishi HC Capital America offering CMC dealers up to 100% inventory financing
CMC North America dealers can finance up to 100% of equipment invoice value through a Mitsubishi HC Capital America preferred-lender ...
Cat Financial Q2 retail new business volume rose 8.8% YoY
Cat Financial reported improved results in the second quarter as higher average earning assets supported revenue and profit growth and ...
Caterpillar surges as data center boom drives profit growth
Caterpillar Inc. surged after the company crushed Wall Street’s second-quarter expectations and raised its sales outlook, easing concerns that demand ...
Departing President Leigh Lytle has positioned ELFA for tech success
Equipment Leasing and Finance Association President and Chief Executive Leigh Lytle has worked rigorously to position the industry for long-term success amid the tech ...
Amur Equipment Finance launches AI tool for credit apps
Amur Equipment Finance has launched Deal Sense, an AI-powered tool designed to help its lending partners evaluate credit applications within ...
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