Equipment finance industry confidence drops 2 points in May
Confidence in the equipment finance industry dropped two points on a month-over-month basis as lenders reevaluate their operations’ availability of ...
Tag: Leasing
Ag dealers use leasing as a path to purchase
Demand for agricultural equipment leases could increase if manufacturers have trouble moving new machinery. Amid an industry downturn in ...
Fed Says More Banks Tightened Loan Standards to Start 2024
More US banks reported stricter credit standards in the first quarter, according to the Federal Reserve. The net share of ...
Penske Truck Leasing unveils fleet management AI
Transportation service provider Penske Truck Leasing has unveiled an artificial intelligence platform designed to give customers real-time access to fleet ...
Rental revenue down at Ryder System in Q4
Rental revenue fell at truck and van supplier Ryder System but increased at heavy equipment supplier Herc Rentals, according to ...
Lenders seek more collaboration with dealers on finance packaging
Equipment finance lenders want more collaboration with dealers in order to develop the best financing packages and maximize value for ...
Volvo Financial launches new leasing model to speed electric truck adoption
Volvo Financial Services’ latest leasing offering for Mack MD Electric trucks is rolling out across the country in a bid ...
Financial Pacific Leasing net charge-offs surge on transportation pressures
Financial Pacific Leasing, the equipment finance subsidiary of Tacoma, Wash.-based Columbia Banking System, saw a surge in net charge-offs in ...
