Terex order backlog drops but remains at 3x historical average
Equipment manufacturer Terex trimmed its order backlog in 2023 by 18% but the company’s surplus of orders still outweighs its ...
Tag: equipment finance
Anderson Equipment, FMI Equipment, The Pete Store join EFC speaker faculty
Three major equipment dealers are set to take the stage at Equipment Finance Connect 2024 to discuss strategies for enhancing ...
Business impersonation fraud rises 10% YoY
Fraudsters are using fake businesses to secure funding for equipment, and dealers need to be aware this is on the ...
Fleet Advantage surpasses $1B lease volume in last 12 months
Specialty financing and fleet management firm Fleet Advantage exceeded $1 billion in syndicated lease volume in the last 12 months ...
NYCB jumps as CEO, board buy shares after $4B selloff
New York Community Bancorp gained on Friday after its chief executive officer and other insiders bought more than 200,000 shares ...
Regional equipment financiers face new capital challenges
Regional equipment finance companies are once again feeling pressures wrought by tightened credit markets and increased regulation following Silicon Valley ...
NYCB stock turns positive after bank says deposits climbed
Shares of New York Community Bancorp, which touched a 27-year low on Tuesday, climbed after the company said deposits have ...
40% of dealers targeting M&A end up liquidating
Most dealership owners are ill-prepared to sell the business or retire and nearly half of dealerships close when the owner ...
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