Rapid Finance launches new AI loan processing tool
Rapid Finance has launched a new AI tool to improve loan application processing times The new tool, called SPADE (Smart ...
Tag: equipment finance
Fed officials hold rates again, still see two cuts by year end
Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in 2025, saying uncertainty over ...
Rental market supersized by specialty equipment, technology
From power generators to high-tech machinery, equipment dealers, rental houses and OEMs are capitalizing on new rental opportunities in an ...
Four more trucking companies file for bankruptcy
Four more transportation firms filed for bankruptcy in the past several days, with multiple equipment lenders claiming more than $100,000 ...
Sunbelt rental revenue rises led by megaprojects
Sunbelt Rentals’ rental revenue grew in its fiscal fourth quarter and full fiscal 2025, with rental rates and volume improving ...
US homebuilder sentiment drops to lowest level since end of 2022
Confidence among US homebuilders fell in June to the lowest level since December 2022, with potential buyers deterred by high ...
Treon launches AI monitoring solution for fleet operators
Tech company Treon is introducing Treon Connect Vehicle Monitoring, available on its Treon Connect platform. The tool offers fleet operator ...
Sandvik secures Mexican mining equipment deal
Swedish equipment manufacturer Sandvik has secured a major underground mining equipment order from La Cantera Desarrollos Mineros. The company booked ...
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