Cat Financial originations down 11% YoY
Cat Financial originations declined in the first quarter due to high interest rates leading to more cash deals and increased ...
Tag: equipment finance
Equipment finance industry confidence declines again in April
Confidence in the equipment finance industry declined for the second consecutive month amid inflationary pressures and a slowdown in business ...
Orders for US business equipment decline by more than forecast
Orders placed with US factories for business equipment fell in March by more than expected, suggesting higher borrowing costs and ...
PACCAR Financial Services portfolio up 16%
PACCAR Financial Services, the finance arm of truck manufacturer PACCAR Inc., continued to grow its portfolio in the first quarter ...
Volvo North American truck, CE orders skyrocket
Swedish manufacturer Volvo’s North American truck and construction equipment orders jumped in the first quarter thanks to strong demand and ...
Huntington, Volvo Financial commercial outstandings rise as equipment market normalizes
Commercial financiers Huntington Bank and Volvo Financial Services’ commercial and industrial books grew in the first quarter as the equipment ...
Equipment finance execs: Recruitment a challenge
MCKINNEY, Texas — Equipment finance executives are working to attract new talent as the industry continues to face recruitment challenges. ...
Outdoor Recreation Act to bolster equipment industry
America’s Outdoor Recreation Act of 2023 introduces three programs aimed at investment in outdoor recreation infrastructure poised to prop up ...
