The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more
JUN 29, 2023 - 7:17 am
According to the results of a new survey from the Equipment Leasing & Finance Foundation, the equipment finance industry is experiencing a negative impact on business conditions due to recent bank failures and their attendant liquidity issues. read more
JUN 28, 2023 - 7:03 am
According to the Asset-Based Lending Index by the Secured Finance Network, combined (bank and non-bank) business lenders’ confidence stayed slightly positive during Q1/23 at 50.3 points, although that was a 5.8-point decline from Q4/22. read more
JUN 27, 2023 - 7:16 am
According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry in May was $9.5 billion, up 1% year over year from new business volume in May 2022. read more
JUN 26, 2023 - 7:05 am
According to International Data Corporation’s Worldwide Internet of Things Spending Guide, worldwide spending on the Internet of Things (IoT) is forecast to be $805.7 billion in 2023, an increase of 10.6% over 2022. read more
JUN 23, 2023 - 7:08 am
According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, ominous clouds are on the horizon that bear watching closely moving forward, with one being a significant uptick in trailer cancellations for a second consecutive month. read more
JUN 23, 2023 - 7:00 am
According to the Equipment Leasing & Finance Foundation‘s June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6. read more
JUN 22, 2023 - 7:01 am
According to Capstone Partners’ recently released Q1/23 Capital Market Update, total middle-market merger and acquisition volume declined 14.3% year over year in Q1/23. However, middle-market deal volume continued to outperform the broader M&A market. read more
JUN 22, 2023 - 6:52 am
According to the results of TD Bank’s 2023 Small Business Survey, inflation was identified as one of the top business concerns impacting small businesses, with others including employee retention and management, product shortages and keeping up with competition. read more
JUN 21, 2023 - 6:56 am
According to ACT Research, May’s preliminary net trailer orders decreased sequentially and were lower against longer-term comparisons, with 9,100 units (11,950 seasonally adjusted) projected to have been booked during the month. read more
JUN 16, 2023 - 5:53 am
The RSM US Middle Market Business Index (MMBI), presented by RSM US in partnership with the U.S. Chamber of Commerce, eased to 131.3 in the second quarter, down modestly from 134 in the first quarter on a seasonally adjusted basis. read more
JUN 8, 2023 - 7:02 am
According to Sandhills Global, after inventories increased across the heavy-duty truck, semitrailer, agricultural equipment and heavy construction machinery marketplaces in April, the trend accelerated in May. read more
JUN 7, 2023 - 7:10 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks dipped from 13.5% in April to 13.4% in May. Meanwhile, approval ratings at small banks remained at 18.7%. read more
JUN 7, 2023 - 6:50 am
According to a new study from the Secured Finance Network, total secured financing volume for U.S. commercial businesses in 2022 reached nearly $4.9 trillion. read more
JUN 6, 2023 - 7:00 am
According to Epiq Bankruptcy, commercial Chapter 11 filings increased 105% in May 2023 to 680 versus the 332 filings in May 2022. Nearly half of the Chapter 11 filings were made by corporate subsidiaries. read more
JUN 5, 2023 - 6:59 am