Silicon Valley Bank provides growth capital facility to tech provider Lumafield
Technology provider Lumafield has received a $50 million growth capital facility from Silicon Valley Bank, a division of First Citizens ...
Tag: technology
DLL’s Equipment Showroom sees adoption
Vendor finance company DLL is seeing adoption of its global Equipment Showroom platform, a digital marketplace that enables buyers and ...
Caterpillar, Vertiv partner on data center optimization
Heavy-equipment manufacturer Caterpillar and digital infrastructure provider Vertiv are joining forces to develop advanced energy-optimization solutions for data centers. The collaboration ...
Octane, Huntington launch finance platform for outdoor power equipment
Fintech company Octane Lending and Huntington Bank have partnered to accelerate and simplify financing for OEMs, dealers and customers in ...
Kodiak AI, Aurora Innovation see Q3 growth in autonomous truck market
Autonomous trucking technology providers Kodiak AI and Aurora Innovation achieved several milestones in the third quarter ahead of potential widespread deployment in 2026. The ...
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 ...
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 ...
