According to a new study released by the Equipment Leasing & Finance Foundation, the size of the equipment finance industry rose to an all-time high of $1.16 trillion in 2021. read more
OCT 10, 2022 - 7:25 am
Verdant Commercial Capital celebrated its fifth anniversary recently. Verdant is also positioned to reach nearly $600 million in annual originations by the end of 2022. read more
OCT 7, 2022 - 7:21 am
According to ACT Research’s State of the Industry: Classes 5-8 Vehicles report set to be released in mid-October, preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. read more
OCT 5, 2022 - 7:12 am
According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this year. read more
OCT 4, 2022 - 7:39 am
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by North Mill Equipment Finance funding 2022-B, (NMEF 2022-B) in an equipment ABS transaction. read more
OCT 4, 2022 - 7:32 am
Onset Financial provided $150 million in fundings, marking its best third quarter thus far. read more
OCT 4, 2022 - 7:30 am
According to the latest Manufacturing Institute for Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in September, with the overall economy achieving a 28th consecutive month of growth. read more
OCT 4, 2022 - 7:28 am
In September, ACT Research reported essentially unchanged forecasts from last month, as demand remains healthy, production remains constrained and freight rates and volumes managed to squeak out small improvements compared to August. read more
SEP 30, 2022 - 6:43 am
The Federal Reserve continued its efforts to curb rising inflation on Wednesday, announcing that it will raise the target range for the federal funds rate to between 3% and 3.25%, marking yet another 0.75% increase following similar actions in June and July. read more
SEP 22, 2022 - 7:38 am
According to a new report from EQ Riskfactor, 68% of U.S. businesses said they are more profitable today than they were before the COVID-19 pandemic compared to 71% of UK businesses. read more
SEP 22, 2022 - 7:34 am
According to Randstad Sourceright’s 2022 Talent Trends banking and financial services sector report, 49% of leaders in the banking and financial services industry report talent scarcity for IT skills while only 41% said their hiring practices supported their diversity goals last year. read more
SEP 19, 2022 - 7:48 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks (more than $10 billion in assets) dipped from 15.3% in July to 15.1% in August but rose at small banks from 21.2% in July to 21.4% in August. read more
SEP 14, 2022 - 7:40 am
According to ACT Research, forecasts this month remain unchanged from last month. Demand remains healthy, production remains constrained by supply chain disruptions and tight labor markets, and freight rates and volumes managed to squeeze out small improvements. read more
SEP 14, 2022 - 7:28 am
According to preliminary data from ACT Research, North American Class 8 net orders in August were 21,600 units, while North American Classes 5-7 net orders were 18,400 units. read more
SEP 6, 2022 - 7:22 am
The National Association of Credit Management’s Credit Managers' Index (CMI) remained at a combined score of 55 in August, with improvements in unfavorable factor indexes offsetting deterioration in favorable factor indexes. read more
SEP 1, 2022 - 7:42 am