Inside Alerus Financial’s new equipment finance division
Community bank Alerus Financial Corp. launched an equipment finance division as it aims to expand its specialty lending capabilities, according ...
Tag: equipment finance
Used-truck inventories keep climbing in May
Used-truck inventories continue to rise in May as lenders remain cautious in financing them. Heavy-duty truck inventories hovered around April ...
Equipment finance industry confidence rises in June
Equipment finance industry confidence improved on an annual basis in June as stress persists despite increased optimism. Equipment finance industry ...
Car dealers are idle across the US after second cyberattack
Auto retailers across the US are likely to be out of service for days following a second major cyberattack at ...
New US home construction plunges to slowest pace since June 2020
New home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates ...
North American rental market strengthens Ashtead Group earnings
Equipment rental companies continue to grow in the North American market, as interest rates and infrastructure projects bolster the rental ...
Used agriculture inventory continues year-over-year rise
Used high-horsepower tractor inventory continued to surge year over year in May, with late-model values continuing to fall significantly. The ...
Waabi raises $200 million to deploy driverless trucks by 2025
Autonomous driving startup Waabi Innovation Inc. has raised $200 million from investors including Uber Technologies Inc., Nvidia Corp. and Volvo ...
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