Technology integrations key to fraud mitigation
Fraud remains a constant concern in the equipment finance industry, but new technology and more efficient integration capabilities present solutions. ...
Tag: equipment finance
US Energy Dept. expands commercial industry investment
The U.S. Department of Energy is offering expanded commercial vehicle tax credits and electric vehicle financing programs as part of ...
Orders for US business equipment increase for second month
Orders placed with US factories for business equipment rose in May for a second month, indicating companies continue to make ...
Equipment finance confidence improves in June
Confidence in the equipment finance industry improved for the first time since February, as the market stabilized amid tightening credit. ...
Lenders to lean on vendors for data collection
With the March 30 finalization of section 1071 of the Dodd-Frank Act, financial institutions are facing new small business lending ...
Construction equipment auction values down 6% YoY
Auction values for construction equipment declined slightly in May as more inventory entered the market following pandemic-induced supply shortages. Asking ...
May heavy-duty truck auction values decline 28% YoY
Auction values for heavy-duty trucks, medium-duty trucks, and semitrailers decreased in May as the transportation industry adapts to pandemic-related supply ...
Equipment financiers tap into AI, automation
Equipment financiers are turning to technology to manage labor markets and overcome macroeconomic concerns. “We need to identify emerging industries, ...
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