Transportation collateral value declines push down repossession rates
Dropping transportation values created less incentive for lenders to repossess commercial vehicles despite default rates remaining elevated this year. Despite ...
Tag: equipment finance
Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment ...
Equipment finance brokers: Last ‘Wild West’ of business
The increased capital costs that have forced some lenders to pull back from equipment finance are giving rise to a ...
Volvo CE to sell ABG paver business to Ammann Group
Volvo Construction Equipment is set to sell its global ABG paver business to Swiss mechanical engineering company Ammann Group. The ...
Business cycle normalization expected in 2024
The business cycle is expected to return to normal in 2024, with improved macroeconomic conditions and equipment asking values, according ...
United Rentals enhances mobile app with new rental features
United Rentals on Dec. 8 announced advanced equipment access management capabilities and an improved rental process for its mobile application. ...
Demand for construction equipment weakens
Demand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid ...
Farmers’ financial sentiment improves
Farmers’ sentiment regarding the industry’s financial performance, income trends and capital funding improved on the heels of a better-than-expected harvest ...
Proud Member Of
Check Out Our Industry Event
