Equipment Finance News

Farm tractor and combine sales dipped in the first half of the year as the agricultural equipment market comes down from records in 2023. #equipmentfinance #farmequipment #agequipment #agriculturalequipment #agricultureequipment #equipmentmanufacturer https://hubs.la/Q02HKZ9m0

Multiple equipment finance operations have added new leadership as they bolster staff in July. #equipmentfinance #equipmentdealer #equipmentlender #commercialfinance https://hubs.la/Q02HKZdK0

Commercial vehicle manufacturer Ford Motor Company has launched a bundled solution that includes complimentary EV chargers with a subscription to Ford Pro's charging software. #equipmentfinance #commercialfinance #equipmentelectrification #electricvehicles #EVcharging https://hubs.la/Q02HxNdC0

Several banks with large equipment finance portfolios faced operational disruptions Friday following an IT outage at cybersecurity firm CrowdStrike that resulted in massive interruptions for industries including banks and airlines. #equipmentfinance #equipmentlenders #cybersecurity #equipmenttechnology https://hubs.la/Q02HkJ_b0

Equipment manufacturer New Holland Agriculture has added specialty crop autonomous tractor aftermarket kits to its dealer locations in the Western United States. #equipmentfinance #commercialfinance #autonomoustractors #autonomoustechnology #specialtytractors https://hubs.la/Q02H0f300

Equipment finance stocks experienced double-digit growth over the past year as improving inflation and the strong possibility of interest rate cuts created opportunities for lenders with growth capital. #equipmentfinance #equipmentlenders #equipmentstocks https://hubs.la/Q02GSvwJ0

In the July 2024 edition of the Equipment Finance News LinkedIn newsletter, we look at the growth of Equipment-as-a-service and the equipment rental space, we take an inside look at Alerus' recently launched equipment finance division, and we discuss the impact that the farm downturn is having on the farm equipment manufacturers like John Deere and AGCO Corporation. Plus a snippet for Equipment Finance News' newly launched podcast, Equipment Conncet, where Equipment Finance News' editors discuss industry trends and connections with equipment finance executives. #equipmentfinance #commercialfinance #equipmentdealers #equipmentlenders #eaas #equipmentservices #financialservices #farmequipment #agricultureequipment #agequipment

Commercial vehicle charger manufacturer Electrada continues to cultivate relationships with dealers, lenders, OEMs and energy companies. #equipmentfinance #electricequipment #chargingequipment #commercialfinance #CaaS #Equipmentlenders https://hubs.la/Q02GG5Fp0

Equipment manufacturers John Deere and AGCO have reduced their workforces in the past few weeks as the agricultural economy slowdown triggered cost-cutting measures. #equipmentfinance #equipmentdealers #equipmentmanufacturers #OEMs #farmequioment https://hubs.la/Q02GGp400

Construction equipment manufacturer JCB is looking to expand its presence in the North American market with a new North American facility in San Antonio, Texas. #equipmentfinance #commercialfinance #constructionfinance #constructionequipment https://hubs.la/Q02Gtfy80