Midland, Banc of Cal slash equipment finance portfolios
Midland States Bancorp, Brookline Bancorp and Banc of California pulled back on equipment lending in the second quarter, while First ...
Tag: equipment finance
Core capital goods orders slip in June amid tariff uncertainty
New orders for core capital goods dipped in June as equipment ordering remains volatile amid tariff uncertainty and the market ...
Japan’s Big 3 construction equipment makers face challenges
Japan’s three largest construction equipment manufacturers — Komatsu, Kubota and Hitachi — face challenges related to tariffs, demand and inventory. ...
Farmers Business Network secures $50M to advance ag commerce
Farmers Business Network has secured $50 million in new funding to accelerate the expansion of its AI-powered digital platform, furthering ...
Tamarack Technology launches wholesale financing tool for dealers
Tamarack Technology, an equipment finance software and service provider, has launched DataConsole FloorPlan, a business intelligence tool aimed at improving ...
Traton Financial revenue rises 14% despite parent’s sales slip
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, increased revenue in the second quarter despite declining ...
U.S.-Japan trade deal improves outlook for Japanese OEMs
This week’s trade deal between the United States and Japan spells good news for Japanese heavy equipment manufacturers, as share ...
Short to succeed Murphy as CEO at 1st Source
1st Source Corporation announced a planned leadership transition effective Oct. 1 as longtime Chairman and CEO Christopher J. Murphy III ...
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