New commercial financing disclosure laws loom
New commercial financial disclosure laws take effect in 2024 in three states, with eight others considering proposals. California and New ...
Tag: risk management
Transportation collateral value declines push down repossession rates
Dropping transportation values created less incentive for lenders to repossess commercial vehicles despite default rates remaining elevated this year. Despite ...
Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment ...
Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy ...
Equipment finance originations drop amid tightened credit
Equipment finance originations declined year over year in October as concerns persist over banks pulling back and credit standards tightening. ...
European equipment insurer Acquis enters U.S. market
European equipment insurance product and service provider Acquis is entering the United States market under new leadership as the company ...
California has an electric big rig mandate, manufacturers will struggle to meet it
California became the first state in the US to set emissions standards for trucks earlier this year. The rules are ...
Ford’s lucrative pickup plant hit by major strike escalation
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest ...
