Heron, KLC Financial bring AI to equipment finance with partnership
Heron Data has partnered with Minneapolis-based KLC Financial to bring artificial intelligence automation to equipment finance. The collaboration marks Heron’s ...
Tag: equipment finance
DOJ sues CARB, sides with truck OEMs
The Department of Justice filed two federal lawsuits this week against the California Air Resources Board, alleging illegal enforcement of ...
Ferronordic Q2 revenue dips amid uncertainty of US trade, tax policies
Construction and truck equipment dealer Ferronordic’s total revenue declined in the second quarter, attributed to uncertainty around U.S. trade and ...
Financing models, federal rules take shape for autonomous trucks
The autonomous truck market continues to heat up as financing models and a federal framework come into focus. The global ...
ROK Financial expands equipment financing programs
ROK Financial has expanded access to its nationwide equipment financing programs by providing funding to businesses in every equipment sector. ...
Commercial Credit closes $75M notes offering
Independent commercial equipment financier Commercial Credit Inc. closed a $75 million unsecured notes offering. The investment-grade notes were placed with a ...
John Deere Financial profit jumps 34%
John Deere Financial’s net income surged in its fiscal third quarter as its leasing portfolio grew while equipment sales dropped ...
Lender M&A: Huntington expands Texas presence with $1.9B Veritex acquisition
Equipment lenders led merger and acquisition activity in July, as banks and independent financial institutions looked to expand market presence ...
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