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 ...
Tag: lender operations
State regulatory changes increase compliance pressure
Equipment finance lenders and dealers face mounting compliance pressure as states expand commercial finance disclosure laws, tighten broker oversight and apply consumer-style protections to ...
BMO to sell truck, trailer financing businesses to Stonepeak
Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that ...
Rinaldi Advisory Services founder Bob Rinaldi joins Equipment Finance Connect
Equipment Finance News is pleased to announce that Bob Rinaldi, president and founder of Rinaldi Advisory Services, will discuss dealer finance strategies, equipment ...
Customers Bank taps OpenAI as equipment finance portfolio grows
Customers Bank is expanding its use of artificial intelligence through a multiyear collaboration with OpenAI, while continuing to grow its ...
Wingspire provides up to $150M facility to Turner Mining Group
Wingspire Equipment Finance established a credit facility of up to $150 million to support Turner Mining Group's fleet expansion and growth ...
Kalon Capital launches mid-ticket equipment finance platform
Kalon Capital has launched as a mid-ticket equipment finance platform backed by Bender Equity, with industry veteran Nicole Torraco named ...
Construction lenders dig into data center gold mine
Construction equipment lenders are fattening their portfolios in the wake of the data center boom, and flexible financing is key ...
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