eCapital expands Wells Fargo-agented facility to almost $1.4B
eCapital has renewed and increased its asset-based lending facility to $1.38 billion, up from $987 million. The facility is part ...
Tag: equipment finance
Bankruptcy rears head in commercial trucking
Multiple trucking companies filed for bankruptcy in the second quarter, signaling a potential surge in charge-offs and other signs of ...
CNH launches precision farming tech to boost efficiency and sustainability
CNH has introduced its factory-installed Sense and Act camera sensing technology to enhance precision farming tech, enabling farmers to apply ...
Fuso-Hino merger agreement finalized, financing arrangements unclear
The merger between Mitsubishi Fuso and Hino announced this week aims to create a commercial vehicle juggernaut in the Asia-Pacific ...
IronConnect launches DealerFlow platform to maximize returns
IronConnect, a technology solutions provider for the heavy-equipment industry, has launched DealerFlow, an AI-driven platform designed to help equipment dealers ...
Lenders turn to leasing amid rising new truck prices
Equipment lenders are offering various leasing models while carefully setting residual values as rising new truck prices and operating costs ...
New truck data reflects industrywide downturn
Days’ supply of inventory for new, used and certified pre-owned trucks rose while new and used truck prices declined amid ...
CieTrade launches equipment rental solution
CieTrade, a business management software provider for recycling and waste brokerage firms, has launched a new dumpster and equipment rental ...
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