PNC equipment lease financing rises 6.2% YoY
PNC Financial Services’ equipment lease financing portfolio grew during the fourth quarter as equipment market conditions showed signs of strength. Pittsburgh-based PNC’s equipment lease financing ...
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PNC Financial Services acquires FirstBank for $4B
Equipment lenders, dealers and rental houses participated in an active mergers and acquisitions market during September. PNC acquires FirstBank PNC ...
20 equipment finance executives to watch in 2026
Dealers, lenders, OEMs and service providers are reshaping the equipment finance industry as tariff uncertainty, regulatory tightening and shifting customer ...
Regional lenders report lease financing, C&I loan growth
Regional equipment financiers Western Alliance Bank, Huntington Bank and PNC Bank experienced a rise in their lease financing and commercial ...
3 more freight companies file for bankruptcy
Three more freight companies have filed for bankruptcy in recent weeks, with some truck lenders claiming millions in unsecured funds. ...
Midland, Banc of California shrink equipment finance portfolios in 2024
Several lenders shrunk their equipment finance and leasing portfolios in 2024 while grappling with increased charge-offs, highlighting challenges facing some ...
Ups and downs: Equipment lenders see mixed results in Q3
Some lenders ramped up equipment financing activity in the past quarter while others scaled back, hinting that the industry is ...
PNC pledges $30B to finance green construction
PNC Financial Services Group has increased its environmental financing commitment to $30 billion as part of its ongoing support of ...
