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
Royal Media, Trnsact launch equipment finance ‘matchmaking’ event
Royal Media, a leading global information provider and the publisher of Auto Finance News, has partnered with Trnsact, a top equipment finance technology provider, to present a new event for the equipment finance sector to foster meaningful industry relationships and results. The $900
New federal statute eases burden on LIBOR transition
NEW YORK — A new federal statute tied to the Consolidated Appropriations Act should ease the burden on bank-regulated lenders as the industry prepares for the forthcoming transition away from the London Interbank Offered Rate (LIBOR). The Adjustable Interest Rate LIBOR
Financiers should watch for ‘stagflation,’ economist says
NEW YORK — Financiers need to keep an eye on “stagflation” as the cost of goods and services continues to increase as a result of coronavirus-induced supply chain constraints, the compounding effects of the war in Ukraine and rising energy