Medium-duty construction inventory jumps 46%
Asking and auction values for medium-duty construction equipment drifted further apart in July as the value gap neared historic levels ...
Tag: equipment finance
Turning techy: Best practices for AI implementation
As artificial intelligence use becomes more common in the equipment finance industry, developing best practices is key to successful implementation. ...
Rental industry fleet utilization down 10%
Equipment rental companies Herc Rentals, Ryder System and United Rentals saw rental fleet utilization rates decline in the second quarter ...
Cat Financial revenues rise 19% YoY
Cat Financial’s originations, receivables, and revenues increased in the second quarter as the company’s credit concerns diminished and interest rates ...
Komatsu retail finance originations increase 10% YoY
Japanese equipment manufacturer Komatsu’s retail finance originations and revenues increased in its fiscal first quarter due to the impact of ...
CNH Industrial Capital originations rise 14% YoY
CNH Industrial Capital’s retail originations rose in the second quarter due to strong consumer demand, even as base interest rates ...
Used-truck gains push up PACCAR Financial revenue
Increasing used-truck profitability pushed up PACCAR Financial Services revenue in the second quarter as sales and managed assets jumped. PACCAR ...
PacWest to be sold to Banc of California in latest rescue deal
PacWest Bancorp is being bought by smaller rival Banc of California as it seeks to navigate a bout of upheaval ...
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