According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks dropped from 14.9% in September to 14.7% in October, marking the lowest total since February. read more

NOV 11, 2022 - 7:25 am

According to Fitch Ratings’ September 2022 Global Economic Outlook, global interest rates have risen more rapidly than expected in the past two months and a pivot back towards rate cuts in 2023 is unlikely. read more

NOV 11, 2022 - 7:21 am

According to a comprehensive business designation study from The ROIG Group, 11% of U.S. banks are currently well-positioned to adopt growth activities. Inversely, the research found that 89% of banks should be focused on other challenges to drive value. read more

NOV 11, 2022 - 7:15 am

The CBIZ Small Business Employment Index reported a seasonally adjusted decrease of 1.94% in October. The reading highlighted the emerging weakness in the labor market and showed a decline in hiring for the third-straight month. read more

NOV 9, 2022 - 7:11 am

In the latest release of its Commercial Vehicle Dealer Digest, ACT Research reported slightly lowered forecasts due to the Federal Reserve’s continued action toward inflation, which it says is disproportionally impacting the freight economy. read more

NOV 7, 2022 - 6:48 am

Kroll Bond Rating Agency assigned preliminary ratings to nine classes of notes issued by SCF Equipment Leasing 2022-2, representing the 10th equipment ABS sponsored by Stonebriar Commercial Finance.  read more

NOV 4, 2022 - 7:06 am

The Equipment Leasing & Finance Foundation released the Q4 2022 Equipment Leasing & Finance Industry Snapshot. Projections for the U.S. economy predict growth by 1.8% in 2022, after contracting in the first half of the year, mainly due to weaker inventory investments. read more

NOV 3, 2022 - 7:20 am

According to preliminary data from ACT Research, North American Class 8 net orders in October were 42,500 units, while Classes 5-7 net orders were 23,400 units. read more

NOV 3, 2022 - 7:12 am

According to U.S. Bank’s 2022 CFO Insights Report, finance leaders’ priorities have shifted as they work to help guide their firms through choppy waters, with risk identification among the most cited top priorities among survey respondents. read more

NOV 2, 2022 - 7:12 am

According to a new Grant Thornton survey of merger and acquisition professionals, 72% of respondents expect deal volume to increase over the next six months despite rising interest rates threatening access to capital and uncertainty about a potential increase in capital gains taxes. read more

NOV 2, 2022 - 7:09 am

According to the recent issue of ACT Research’s State of the Industry: U.S. Trailers report, September net U.S. trailer orders of 26,086 units were 47% higher compared to the previous month but 8% below the year-ago September level. read more

OCT 28, 2022 - 7:08 am

According to the 2022 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation, demand may soften in several end-user markets over the rest of the year due to high interest rates and expectations for further rate hikes in Q4. read more

OCT 27, 2022 - 7:20 am

According to the latest release of the ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes were down 12% month over month in September. read more

OCT 27, 2022 - 7:11 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), new business volume for September was $10.2 billion, up 11% year over year from new business volume in September 2021. read more

OCT 26, 2022 - 7:19 am

Reliant Capital financed more than $50 million in equipment volume in Q3/22, bringing a 250% increase in year-over-year growth. read more

OCT 26, 2022 - 7:18 am