Equipment Lion Electric creates new financing division February 18, 2022 Lion Electric has created a new financing division, which will be led by William Blanchard. The LionCapital Solutions division will offer customers flexible financing of medium- and heavy-duty electric vehicles.
Equipment Mack introduces Vehicle-as-a-Service financing plan for LR Electric February 10, 2022 Customers buying a Mack LR Electric can now finance it through a newly launched Vehicle-as-a-Service (VaaS) program. Mack says the program will help customers better manage the expenses involved with…
Equipment Spectra emerges from financial restructuring September 21, 2021 Spectra Premium Industries, an aftermarket parts supplier supporting sustainable mobility, says it has reached a deal with Turnspire Capital Partners to emerge from financial restructuring. The company says it will…
Equipment Daimler deferring initial payments on construction trucks March 27, 2020 PORTLAND, Ore. – Daimler Truck Financial (DTF) is deferring first payments on new Western Star and Freightliner construction trucks for up to 120 days. The deal is available in both…
Equipment Laurentian Bank buys equipment finance company CIT Canada July 1, 2016 MONTREAL, Que. — CIT Group has announced the sale of its Canadian equipment finance and corporate finance businesses to Laurentian Bank of Canada. The acquisition will affect about 140 employees,…
Business Management CIT Group teams with Ryder to help Canadian customers finance pre-owned vehicles May 4, 2015 TORONTO, Ont. — Ryder System has partnered with CIT Group to provide customers with financing on pre-owned vehicles. The company has brought a preferred lender agreement that already existed in…
Equipment Pricier trucks won’t hurt leasing and financing markets: Frost & Sullivan December 12, 2014 MOUNTAIN VIEW, Calif. — The rising costs of new trucks will not affect the viability of the North American Class 8 truck leasing and financing market, according to new research…
