Red tape may have put public construction projects on hold this year, but a surge in private spending drove an overall increase in construction activity. Wells Fargo’s John Crum examines this and other key industry observations including the rental market, new equipment sales, used equipment prices and the effects of hurricane season. Looking ahead to 2018, he predicts it could be another great year for construction if this year’s pattern holds.... read more
November/December 2017
Statistical data for the lift truck equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 764 new lift truck related filings during the month of September 2017. read more
NOV 8, 2017 - 7:01 am
According to a recent Industry Insight Report Published by EDA, Kubota Credit USA, John Deere Industrial Credit, U.S. Bank Equipment Finance, Xerox Financial and Caterpillar Financial Services accounted for almost 54% of the total financings for new equipment during the month of September. read more
NOV 2, 2017 - 7:08 am
Fleet Financing Resources surpassed $350 million in lease and finance transactions through its vendor platforms with two of its primary funding partners: Wells Fargo Equipment Finance and Signature Financial. read more
SEP 14, 2017 - 7:13 am
According to data provided by EDA, the top five printing equipment lenders accounted for 28 units or 44% of the transactions that were evidenced by financing statements during the month of August 2017. read more
SEP 11, 2017 - 7:39 am
Plug Power entered into a master lease agreement with Wells Fargo Equipment Finance to facilitate the company’s commercial transactions with key customers. read more
JUL 24, 2017 - 7:56 am
There are only two days remaining in Monitor’s Guess the Monitor 100 Winner contest, which asks participants to guess who will end up No. 1 in this year’s annual ranking. read more
JUN 29, 2017 - 7:09 am
With Banc of America Leasing and Wells Fargo Equipment Finance both in the running, Monitor is holding a contest to see who can guess which company earned the No. 1 spot in this year’s rankings and the net asset difference between the two. read more
JUN 5, 2017 - 11:34 am
The Certified Lease & Finance Professional Foundation announced that 25 individuals successfully passed the eight-hour online CLFP exam during the month of May. read more
MAY 31, 2017 - 7:30 am
Monitor contributor Lisa Miller catches up with three buy-desk executives to discuss the capital markets environment. While they faced unrelenting competition and tighter spreads in 2016, they remain optimistic about the year ahead as we begin to enter a rising rate environment.... read more
March/April 2017
According to a survey by Wells Fargo Equipment Finance, construction industry executives entered 2017 with increased optimism for nonresidential construction activity. read more
MAR 7, 2017 - 6:55 am
After wrapping up a stable year, political power has shifted in Washington, and delinquency is on the rise. Four credit managers weigh in on positive and negative trends that may be in store for 2017, emphasizing the importance of ongoing vigilance and prudence in their never-ending quest to balance risk and reward.... read more
January/February 2017
Fleet Financing Resources renewed its vendor partnership with Wells Fargo Equipment Finance. The vendor program financing agreement includes an $85 million credit facility. read more
JAN 24, 2017 - 7:45 am
The construction market looks a lot different depending on your vantage. While conditions have been soft for manufacturers, dealers and rental companies, those on the supply side have seen sales increases. John Crum of Wells Fargo Equipment Finance’s Construction Group examines the trend of risk transference in the market and how it has resulted in optimal conditions for contractors.... read more
November/December 2016
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for October was $8.2 billion, up 6% year-over-year from new business volume in October 2015. read more
NOV 22, 2016 - 7:31 am