GE sold its remaining 15.5% equity stake in Penske Truck Leasing to Penske Automotive Group and MBK USA Commercial Vehicles. Total proceeds are approximately $674 million. read more
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An audience poll at Converge 2023 revealed that most equipment finance leaders view innovation as imperative for the industry. Many companies are either planning or in the process of digital transformation initiatives. Innovation means change. Change often triggers fear. A... read more
The landscape for funding sources has shifted a great deal over the last year. With interest rates at the highest level recorded in more than a decade, turmoil in the banking industry after several notable bank failures in 2023, and... read more