financing
Business, Equipment
OnDeck to Offer Equipment Finance Loans
OnDeck, an online lender for small businesses, has announced that it will begin offering equipment finance loans in 2019.
January 7, 2019
Business
Freedom Truck Finance Enters Agreement With Deutsche Bank
Freedom Truck Finance, a Dallas-based secondary truck and trailer finance company, has entered into a $200 million senior secured credit facility with Deutsche Bank. The proceeds were used to repay the company’s existing senior revolving credit facility and also will be used to fund new portfolio growth, according to a Nov. 21 press release.
November 28, 2018
Business, Equipment
N.J. Bank Acquires California-based Fleet Financing Resources
New Jersey-based Marlin Business Services Corp. said it acquired Fleet Financing Resources, a specialty lender focused on financing transportation equipment based in Riverside, Calif.
October 9, 2018
Business, Equipment
Boxwheel Trailer Leasing Secures Equipment Financing
Recently formed Boxwheel Trailer Leasing announced it has received a significant capital investment from Crosstimbers Capital Group.
April 30, 2018
Business
Truck Credit Becoming Easier as More Banks Lend, Fleets Say
Obtaining financing for truck purchases is becoming easier, with more banks returning to a market that had been dominated by manufacturers’ finance arms, according to several lenders and fleet executives.
July 8, 2013
Business
More Lenders Turn to Trucking as Housing Market Remains Weak
The housing market crash apparently has had at least one silver lining for trucking: It has brought more lenders into the truck financing market.
August 29, 2011
Business
Cascade Sierra Solutions Debuts Equipment Financing Program
Cascade Sierra Solutions, a firm that backs emissions-reduction investments for trucking, has announced a $20 million financing program to back purchases of new equipment.
August 24, 2011Follow Us
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1Trucking Industry Expected to See Slower Growth in 2019
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3CEOs Raise Concerns About Availability of Diesel and Other Fuels in 2020 Because of IMO Bunker Fuel Mandate
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4Amazon Jumps Into Freight Brokerage
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5UPS, Teamsters Finalize New Five-Year Labor Contract
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