Spike in rental rates drives revenue growth in Q2
H&E Equipment Services, Herc Rentals and United Rentals all reported year-over-year revenue growth in the second quarter as rental rates ...
Tag: equipment finance
Report: Lending climate tightens — again
Some industries tied to heavy equipment felt the strain of tightened lending standards in the first quarter while others showcased ...
Lender earnings roundup: Nonperforming loans rise
Nonperforming assets and loans are rising for equipment finance lenders, based on second-quarter earnings reports. Brookline Bancorp Brookline Bancorp’s equipment ...
Traton Financial sees 3% jump in revenue
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, today reported increased revenue but lower operating profit ...
Core capital goods orders steady despite durable goods drop
New orders for core capital goods remained consistent in June for the third straight month as companies continued to navigate ...
Fed seen signaling September rate cut at next week’s meeting
The Federal Reserve is likely to signal next week its plans to cut interest rates in September, according to economists ...
Ford, GM boosted by commercial vehicle segments in Q2
Ford and General Motors benefited from growing commercial vehicle sales in the second quarter as the commercial vehicle market remains ...
Equipment finance industry confidence continues to grow in July
Confidence among equipment finance lenders continued to rise in July, even though none of those surveyed rated the United States ...
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