Scag Power Equipment partners with Huntington, Octane
OEM Scag Power Equipment has partnered with Huntington Bank and lending fintech Octane to streamline its financing operation. The collaboration ...
Tag: lender operations
Northbase Finance secures $300M facility from Oaktree
Northbase Finance closed a revolving credit facility with Oaktree Capital Management that will provide up to $300 million in financing ...
Inventory financing shifts to ‘just in time’ as dealer demands change
The inventory finance market is reaching an inflection point as more dealers require flexible solutions that align with short-term needs and fleet optimization but don’t strain their debt ...
Odessa launches code-free platform tool for asset finance teams
Odessa launched Configurable Attributes, a code-free platform capability that allows asset finance organizations to add and manage data fields without ...
Sonoma Capital names Martin Gagnon president
Sonoma Capital has named Martin Gagnon president, effective July 1, as the Canadian equipment finance lessor enters its next phase ...
Equipment dealers expand leasing, rental revenue as financing demand grows
Equipment dealers are leaning into leasing, rental and bundled service revenue as customers demand more holistic solutions from both dealers ...
Equipment lenders adapt to surging rental demand
From credit facilities to usage-based models, equipment lenders are offering unconventional financing structures to capitalize on the equipment rental boom. ...
RIP: Death of ‘shotgun approach’ in dealer finance ops
Dealers now prefer to send certain transactions to a single lender, signaling a shift in the equipment finance industry. In the past, equipment ...
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