Machinio expands platform to support service providers
Machinio, a Liquidity Services company, introduced new service management features to its Machinio System platform, enabling equipment dealers to advertise, ...
Tag: equipment finance
Equipment finance leaders urge collaboration as uncertainty persists
Facing excess inventory, elevated equipment prices and tightening credit, leaders in the equipment finance industry say collaboration among dealers, lenders ...
Paccar Financial continues growth amid truck sales slowdown
Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenue and assets increase during the third quarter despite ...
Caterpillar invests in US manufacturing, workforce training
Caterpillar announced a $725 million expansion of its large engine facility in Lafayette, Ind., one of the company’s biggest manufacturing ...
Equipment industry sees rise in small business bankruptcies
As small business bankruptcies rise in some equipment industries, Subchapter V of Chapter 11 is gaining favor as a faster, ...
FNB, Huntington, PNC see lease financing growth
First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment ...
Commercial Credit Group closes $514M ABS deal
Equipment financier Commercial Credit Group has finalized a $513.8 million term asset-backed security transaction, its largest to date. The securitization ...
Sany Heavy Industry seeks $1.6 billion in Hong Kong listing
Sany Heavy Industry Co. started taking investor orders to raise as much as HK$12.4 billion ($1.6 billion) in a Hong ...
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