In 2016, Rush Class 8 retail sales accounted for 5.5% of the total U.S. Class 8 market, compared to 6.7% in 2015. The company sold 10,816 Class 8 trucks in 2016, a decrease of 35.9% compared to 2015. read more

FEB 17, 2017 - 6:37 am

CG Commercial Finance reported nearly $80 million in Q4/16 originations, with $35 million of those held on the company’s balance sheet. read more

FEB 17, 2017 - 6:27 am

OnDeck reported a net loss of $83.0 million for full-year 2016, up from a net loss of $1.3 million a year earlier. The company noted its provision for loan loss charges doubled from $74.9 million 2015 to $150 million in 2016. read more

FEB 17, 2017 - 6:17 am

NewStar reported 2016 net income of $28.2 million was up from $16.9 million a year earlier aided by $29.2 million in gains on the sale of its asset-based lending and equipment finance businesses. read more

FEB 15, 2017 - 7:39 am

Aircraft lessor Aircastle reported full year 2016 adjusted net income was $168.5 million, an increase of $26.3 million. The improvement was primarily driven by a $91.3 million reduction in non-cash aircraft impairment charges. read more

FEB 15, 2017 - 7:03 am

Madison Capital recorded its best growth year ever in 2016. Originations during the year increased by 50% over the prior year and assets under management grew by 24%. read more

FEB 14, 2017 - 6:26 am

LEAF Commercial Capital reported strong year-over-year results for 2016 which included a 23% increase in originations and a 17% increase in assets under management. read more

FEB 13, 2017 - 7:01 am

Hitachi Capital America reported $3.8 billion in funded volume in 2016, an increase of 65% from 2015. In addition, the company recorded $2.8 billion in total assets, up 44% from 2015. read more

FEB 8, 2017 - 7:41 am

Fleet Financing Resources announced full year total funded volume in 2016 was a record $75 million, up 32% compared to 2015. read more

FEB 7, 2017 - 6:55 am

In its Q4/16 earnings release, Snap-on noted that its Financial Services related assets at year-end 2016 were $1,407 million, up 15.3% from $1,220 million a year earlier. read more

FEB 2, 2017 - 7:53 am

According to Pitney Bowes’ 2016 earnings report, full year financing revenue of $366.5 million was down 10.6% from $410.0 million a year earlier. Finance receivables as of YE/16 of $1.6 billion was down from $1.7 billion. read more

FEB 2, 2017 - 7:24 am

After its first full fiscal year of operation, Wintrust Commercial Finance reported more than $450 million in assets and originated $177 million in capital markets new business volume. read more

FEB 1, 2017 - 7:01 am

CIT Group reported a full year net loss of $861 million as results were impacted by a goodwill impairment charge and other charges related to the termination of a Canadian swap facility. read more

FEB 1, 2017 - 6:51 am

PACCAR reported its Financial Services business earned $306.5 million in pretax profit in 2016 compared to $362.6 million in 2015. 2016 revenues of $1.19 billion compared to $1.17 billion in 2015. read more

FEB 1, 2017 - 6:49 am

PACCAR revenues of $17.03 billion in 2016 compared to revenues of $19.12 billion in 2015. The company noted class 8 retail sales in the U.S. and Canada were 216,000 units compared to 278,000 vehicles sold in 2015. read more

FEB 1, 2017 - 6:27 am