The global agricultural equipment finance market size is estimated to grow by $182.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6% during the forecast period.Quick and easy access to credit is driving...
Read Story
November 08, 2024, 07:03 AM
|
Farmers Business Network (FBN), the AgTech platform and farmer-to-farmer network, announced its lending unit, FBN Finance, has surpassed $2 billion in financing provided to growers across the United States. The $2 billion milestone showcases the...
Read Story
June 07, 2024, 07:20 AM
|
Global vendor finance company DLL announced the closing of “DLLAD 2024-1”, the second U.S. securitization transaction this year, issuing notes totaling $650 million. The notes are backed by loans and leases secured with Agricultural, Golf and Turf...
Read Story
May 16, 2024, 07:07 AM
|
Sandhills Global previously reported inventory increases occurring in April across Sandhills’ heavy-duty truck, semitrailer, agricultural equipment, and heavy construction machinery marketplaces. Those trends accelerated in May. Truck and trailer...
Read Story
June 07, 2023, 07:18 AM
|
Big agricultural and construction equipment manufacturers in the U.S. Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, execs told Reuters.Read the full article Reuters...
Read Story
February 21, 2023, 07:20 AM
|
Farmers Business Network (FBN), the global AgTech platform and farmer-to-farmer network, announced the launch of its new bridge loan offering by FBN Finance, which provides farmers with another valuable solution when it comes to financing.Closing a...
Read Story
February 15, 2023, 07:20 AM
|
Ag Resource Management (ARM), a provider of agricultural lending and crop insurance, announced the appointment of Rip Mason as Chief Executive Officer.A veteran leader of successful private equity ventures in a variety of industries, Mason has served...
Read Story
December 07, 2022, 07:00 AM
|
Honour Capital announced the firm has provided financing of more than $26 million to a Western U.S. agriculture business to purchase combines, sprayers, spreaders, chemical tanks, trucks, RoGators and other equipment.“Working with Honour Capital made...
Read Story
December 01, 2022, 07:17 AM
|
Greater Commercial Lending (GCL), which provides loans to businesses and organizations in under-served and rural communities, has completed $25 million in long-term financing to help develop and build dairy biogas digesters and a biogas pipeline for...
Read Story
October 11, 2022, 07:18 AM
|
Industry Leader Brett Davis has joined DCR Technologies to redefine commercial equipment sales, finance and insurance. Davis will be leading DCR’s Construction and Agriculture vertical as division President. Davis joins DCR Technologies from CNH...
Read Story
March 15, 2022, 07:25 AM
|
Every spring, Ritchie Bros. holds dozens of farm retirement dispersals across Western Canada. Traditionally the company would drive from farm to farm as a travelling auction company, but in spring 2021 all bidding is conducted online via Timed...
Read Story
May 07, 2021, 06:59 AM
|
Rabo AgriFinance announced the promotion of Shawn Smeins to head the business. Throughout his more than 25-year tenure, Smeins has shown a commitment to growing Rabo AgriFinance’s ability to meet the ag industry’s evolving financial needs through...
Read Story
November 30, 2020, 07:07 AM
|
Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions totaling $3,350,000 during the week of Sept. 1-4.A current Utica Leaseco customer, operating within the agricultural sector, needed funding quickly to...
Read Story
September 08, 2020, 07:20 AM
|
AGCO Corporation SVP, Chief Operating Officer Eric Hansotia and DLL CEO and Executive Board Chairman, Bill Stephenson, announced the appointment of Rob van den Heuvel to the role of President and Global CEO of AGCO Finance, effective Jan. 1, 2021....
Read Story
August 13, 2020, 07:23 AM
|
AgDealer.com launched a major enhancement to its online customer experience thanks to a partnership with financing company CWB National Leasing and shipping provider Trusted Dispatch.The step forward reflects the farm equipment inventory listing...
Read Story
January 28, 2020, 07:00 AM
|
AuctionTime.com sold more than $105 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks and trailers during the month of December. In the final auction of the month—the largest sale of the year—AuctionTime.com...
Read Story
January 02, 2020, 07:15 AM
|
The Mahindra Group, a $20.7 billion global federation of companies, celebrated the opening of its new Washington, D.C., office. This year, Mahindra Group marks its 25th year of conducting business in the U.S. Its companies in the U.S. span a diverse...
Read Story
September 10, 2019, 07:20 AM
|
Global vendor finance company DLL announced the closing of DLL 2019-2 ABS (Asset Backed Securities) securitization transaction in the United States for $443 million. The transaction is an inaugural securitization sponsored by Mahindra Finance USA LLC...
Read Story
July 31, 2019, 07:25 AM
|
Global vendor finance company DLL announced the closing of DLL 2019-1 ABS (Asset Backed Securities) securitization transaction in the United States for $500 Million. This is the fifth ABS transaction (and fourth in United States) for DLL, since...
Read Story
April 16, 2019, 07:25 AM
|
DLL, a vendor finance company, and AGCO, a global firm in the design, manufacture and distribution of agricultural solutions, announced the closing of DLL 2018-1 for $824.38 million.The notes are backed by $896.5 million of loans and leases secured...
Read Story
May 10, 2018, 07:30 AM
|
EquipmentWatch, the world leader in data, software, and insights for the heavy equipment industry, has expanded its Rental Rate Blue Book and Internal Charge Rate products to include cost data for nearly 1,000 agricultural tractor models. Customers...
Read Story
February 14, 2018, 07:05 AM
|
The Association of Equipment Manufacturers reports U.S. retail sales of large four-wheel drive tractors saw an increase of nearly 26 percent in May compared to one year ago, according to numbers released this week by AEM.However, U.S. retail sales of...
Read Story
June 19, 2017, 07:05 AM
|
Overall U.S. retail sales of ag tractors and combines continued to beat the 5-year average as 2016 hit the midyear mark, with smaller tractors still the sales leader, according to data from the Association of Equipment Manufacturers (AEM), the...
Read Story
July 15, 2016, 07:11 AM
|
EquipmentWatch, the world's leader in data, software and insights for the heavy equipment industry, has announced the winners of the first Highest Retained Value Awards. The awards recognize manufacturers in 26 different heavy equipment categories...
Read Story
March 24, 2016, 07:15 AM
|
Commercial Distribution Finance (CDF), a business of GE Capital announced it has extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019. The extension of the current agreement will be used to...
Read Story
January 14, 2016, 07:40 AM
|
After several years of rising row crop prices, a perfect storm of high crop production (in excess of demand), a sharp correction in grain values and contracting farmer margins in mid-2014 has resulted in declining sales of agricultural equipment...
Read Story
October 01, 2015, 07:03 AM
|
Penton's EquipmentWatch, the leading heavy equipment data business, has expanded coverage of its valuation product with the addition of 4,000+ agricultural equipment models, supplementing existing coverage of 10,000+ construction and lift equipment...
Read Story
September 09, 2015, 07:00 AM
|
A newly improved Advertised Rental Rate Product was released today by Penton's EquipmentWatch, the leading provider of data and insights products for the construction, lift truck and ag equipment industries."Through our Rental Partnership Program...
Read Story
July 23, 2015, 07:00 AM
|
On April 1, 2015, JCB Finance began partnering with Bank of the West as a branded virtual joint venture (VJV) captive finance company. With this agreement Bank of the West will handle all retail and leasing transactions for JCB’s U.S. based...
Read Story
May 05, 2015, 06:55 AM
|
According to a Reuters report, U.S. farmers nervous that slumping grain prices will crimp profits are increasingly leasing equipment instead of buying it, creating new risks for manufacturers like Deere & Co that could suffer from declining values...
Read Story
February 24, 2015, 07:04 AM
|
DLL (formerly De Lage Landen) announced that three of its food and agriculture brands have been ranked among the top 10 on the EDA's Industry Insight list of Top 20 Equipment Lenders-a prominent data-driven list that considers financing activity for...
Read Story
December 24, 2014, 07:10 AM
|
Ritchie Bros. Auctioneers conducted its largest agriculture auction of 2014 yesterday in Saskatoon, SK (December 2), selling more than CA$41 million (US$36+ million) of equipment and trucks in a single day. The unreserved public auction also set new...
Read Story
December 03, 2014, 07:00 AM
|
Tetra Financial Group announced that it has committed $1 million in financing for potato growing, harvesting, manufacturing and transportation equipment for a farm based in Idaho. The farm's operations have been primarily in Idaho, but the customer...
Read Story
September 25, 2014, 06:15 AM
|
Dealers, manufacturers and suppliers of agriculture equipment are expecting a better or similar harvesting season compared to last year, which should positively impact equipment sales, according to survey results released today by GE Capital’s...
Read Story
July 10, 2014, 06:00 AM
|
MediSwipe, Inc., the leader in Compassionate Care Technology Solutions and products for the medicinal marijuana industry, announced the initiation of up to a $500,000 credit facility to fund a broad range of cost-effective and flexible equipment...
Read Story
March 11, 2014, 06:53 AM
|
Ritchie Bros. Auctioneers conducted a record-breaking unreserved public auction at its auction site in Tipton, CA on February 14, 2014. The multi-million dollar auction set new Tipton site records for number of registered bidders (2,850+) and number...
Read Story
February 24, 2014, 06:00 AM
|
Ritchie Bros. Auctioneers conducted its largest ever agriculture auction, in Saskatoon, SK, on December 3, 2013, selling more than US$40+ million of equipment and trucks in a single day. The unreserved public auction also set a new Saskatoon site...
Read Story
December 05, 2013, 06:55 AM
|