Equipment Financers remain optimistic despite recession talks
Equipment financiers remain optimistic about 2023, even as inflation and recession fears continue to linger. “Our folks haven't missed a...
Increased credit loss provisions, borrowing costs dampen HDFS income
Harley-Davidson Financial Services’ provision for credit losses ticked up and borrowing costs rose, resulting in declining operating income in the...
Cat Financial revenues jump despite drop in new business volume
Cat Financial, the finance subsidiary of equipment manufacturer Caterpillar, posted increased revenues despite declining new business volume thanks to favorable...
Expanded Equipment Finance Connect agenda focuses on best practices for finance operations
Royal Media’s newly expanded agenda for the 2023 Equipment Finance Connect emphasizes educational sessions on best practices for finance operations. ...
THOR inks deal for Starlink internet in RVs
THOR Industries is entering into an agreement with spacecraft manufacturer SpaceX's Starlink to provide internet to select recreational vehicles. ...
PACCAR Financial Services profits soar in Q4
PACCAR Financial Services, the finance arm of truck manufacturer PACCAR, posted record profits driven by elevated prices and used-truck sales. ...
Equipment finance industry confidence rebounds in January
Confidence among executives in the equipment finance industry continues to grow after a two-year low in November 2022, despite concerns...
Leasing, rentals gain traction on high-tech assets
Equipment companies are turning to rentals and leases for assets featuring advanced technology that carries a shorter lifespan. “One of...
