AGCO’s North American sales drop 32% YoY in Q3
AGCO reported a steep drop in North American sales during the third quarter as high interest rates and weak commodity ...
Tag: equipment finance
Trump tells farmers to buy tractors, but there’s no rush yet
President Donald Trump wants farmers to go out and buy bigger tractors after the US reached a long-awaited trade deal ...
Terex, REV Group to merge in $9B stock-and-cash deal
Equipment manufacturers Terex and REV Group will merge in a $9 billion stock-and-cash transaction, the companies announced today. The merger ...
Penske, Rush F&I revenues drop amid truck sales slump
Truck dealers Penske Automotive Group and Rush Enterprises felt the pain of transportation industry woes in the third quarter, while Custom Truck One Source benefited from strong ...
Farm bankruptcies rise, putting pressure on ag lenders
Lenders in the agriculture equipment and agribusiness sectors are facing increased pressure amid the downturn in farm performance. There were ...
These 3 amendments to Uniform Commercial Code will impact equipment finance
Three key amendments to the 2022 Uniform Commercial Code will affect equipment finance transactions related to digital asset financing, true ...
Cat Financial originations jump 7% amid data center boom
The financing arm of manufacturing giant Caterpillar reaped the benefits of strong equipment sales in the third quarter, with demand taking off ...
Traton Financial Services revenue climbs 10%
Traton Financial Services, the financing arm of German commercial vehicle manufacturer Traton Group, posted higher revenue in the third quarter ...
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