Equipment lenders tackle residual value uncertainty on new tech
As new equipment becomes increasingly tech-driven, lenders looking to navigate residual value uncertainty are aligning themselves with resellers, OEMs and ...
Tag: technology
Recent fraud allegations, bankruptcies place emphasis on controls
The bankruptcy filings of First Brands and Tricolor revealed major flaws in asset-backed finance, highlighting the need for better controls ...
Tech innovations transforming equipment finance operations
Tech innovations are changing equipment finance by boosting efficiency and data visibility, despite rising uncertainty, faster economic cycles and data ...
bidadoo, SOARR form commercial truck dealer service partnership
Bidadoo, eBay’s largest online auction service for equipment and trucks, has partnered with commercial truck technology platform SOARR to introduce the ...
Setpoint unveils double-pledging prevention certification
Setpoint, a digital infrastructure provider for asset-backed finance, unveiled Setpoint PledgeCheck, a new industry certification designed to prevent double-pledging of ...
Utility equipment investment up alongside infrastructure spending
As industrial and infrastructure spending expands, more equipment companies are investing in the utility equipment market to gain market share. ...
Equipment lenders tap ChatGPT to streamline valuation
Equipment lenders are looking to readily available data on the web via AI platforms like ChatGPT to streamline the valuation ...
Machinio expands platform to support service providers
Machinio, a Liquidity Services company, introduced new service management features to its Machinio System platform, enabling equipment dealers to advertise, ...
