Chicago Fed’s Lavelle joins Equipment Finance Connect speaker faculty
Martin Lavelle, senior business economist at the Federal Reserve Bank of Chicago, will take the stage to discuss the Fed's view on current economic trends within equipment finance at 10 a.m. on Feb. 28 during the 2023 Equipment Finance Connect
Commercial fleet lessors face new disclosure requirements
Automotive commercial fleet lessors subject to new disclosure requirements under California’s law passed earlier this month face potentially unexpected costs and a new level of regulatory oversight. The state’s Department of Financial Protection and Innovation’s (DFPI) regulations for commercial financing disclosures
Ford Credit to launch commercial vehicle insurance
Ford Credit will launch an auto insurance product for its commercial business early next year, expanding Ford Motor’s Ford Pro suite of solutions for commercial vehicles. Ford Pro Insure is expected to go live in the first half of 2023 and is powered
EV equipment financing poses ‘huge opportunity’ for lenders
Financing energy equipment presents a potential opportunity for financiers as electric vehicles (EVs) gain traction, evidenced by General Motors’ launch this month of GM Energy, which will produce EV chargers and energy-management products for homes and businesses. GM Energy will manufacture stationary battery packs and