Top Five Lenders Account for 47.6% of New Equipment Filings in November
JAN 3, 2019 - 6:50 am
Statistical data provided by EDA showed the top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking, in the aggregate, filed financing statements covering a total of 26,853 new equipment related filings during the month of November 2018.
The Monitor established its Editorial Board in 2019 to solidify its commitment to staying on the cutting edge of the equipment finance industry. During its two-year term, the inaugural board provided valuable guidance and contributions that helped the Monitor expand... read more
AI (Artificial Intelligence): The theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making and translation between languages. Data-driven AI will accelerate the speed of online lending. Lenders... read more