Agnellis’ CNH plans future exit from construction equipment
CNH Industrial NV agreed to sell 70% of its construction equipment business to a unit of Japan’s Kobe Steel, creating ...
Tag: equipment finance
Auto dealers separating commercial finance ops from retail to help fleets
Auto dealers are increasingly separating commercial vehicle finance, sales and service operations into a distinct business to cater to fleet ...
Daimler Truck Financial Services originations rise 20.1%
Daimler Truck’s financial services originations increased in the third quarter as North American sales rebounded. Daimler Truck Financial Services’ new ...
NFS Capital lands $250M facility with Fifth Third Bank
Equipment finance lender NFS Capital increased its total bank credit facility capacity to $800 million after securing a $250 million ...
EV truck maker Harbinger raises $240 million for power, defense
Harbinger Motors Inc. raised $240 million in its latest funding round to expand manufacturing of its electrification technology in markets ...
Equipment dealers seek investment support after election
Equipment dealers are pressing for tax policies that encourage capital investment, infrastructure spending, and support for agriculture after the midterm ...
Toromont Equipment Group revenue climbs 26% in Q3
Canadian Caterpillar dealer Toromont Industries saw Equipment Group revenue rise in the third quarter, driven by a surge in new ...
Equipment lenders balance customized financing with funding flexibility
Equipment lenders that tailor financing to customers’ growth plans must consider how contract design affects servicing costs and access to ...
