Access to capital for small- to medium-sized businesses (SMBs) has always been vital, as well as a challenge. Borrowers don’t always have a consistent experience in their hunt for financing, either. In some cases, when a traditional bank shuts the door on an SMB applicant,...
Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday (May 28). The firms revealed plans to pool their resources and industry expertise to broaden small business lending operations and...
Confidence in the equipment finance industry has dropped in recent weeks, new data from the Equipment Leasing and Finance Foundation revealed. While equipment finance may seem like a niche market, it can reflect an array of ongoing and upcoming trends in the current economy, from inflation...
OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec. 19) OnDeck said it will introduce equipment finance loans to certain U.S. small businesses beginning in 2019, calling the space a traditionally “slow-moving,...
September 07, 2022
Royal Media will be working with payment integration platform Trnsact to help make a new event for the Equipment Finance sector, a press release said. Called Equipment Finance Connect and taking place in Charlotte, it will facilitate “exclusive networking” for equipment vendors, lenders and insurance providers, and will reportedly be the first in the industry […]
