Operating performance and credit metrics for U.S. captives are expected to continue to normalize following record profitability in 2021 and much of 2022, according to Fitch Ratings. Net interest margins will decline toward pre-pandemic levels given...
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July 18, 2023, 07:20 AM
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What makes a captive finance company successful? Why are some captive finance companies performing well while others continue to struggle? How can a captive finance company provide additional value to its parent? A new study, “Captive Finance:...
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January 17, 2023, 07:20 AM
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ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President and COO); Tokyo Century Corporation (headquartered in Chiyoda-ku, Tokyo; Koichi Baba, President and CEO), and Hitachi Construction Machinery Co., Ltd. (headquartered in...
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November 22, 2022, 07:25 AM
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APPROVE, an innovator in the equipment finance industry, has launched a virtual captive finance program called APPROVE OEM that allows equipment manufacturers of all sizes to significantly grow their sales by giving their dealers and customers access...
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November 18, 2022, 07:15 AM
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Battle Motors, Inc., formerly Crane Carrier Company (CCC), an over 70-year-old manufacturer of Class 6-8 heavy-duty work trucks, and ENGS Commercial Finance Co. have partnered to launch an industry-best customer finance platform in Battle Motors...
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October 13, 2022, 07:20 AM
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Leasepath, provider of the asset finance industry’s Finance Origination (LOS) and Customer Engagement (CRM) platform, announced a successful launch of its flagship product at a top Auto Finance Captive based in Michigan. The AFC will leverage the...
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September 16, 2020, 07:20 AM
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IDS, a provider of asset finance and origination technology, announced that Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC) has selected IDScloud to provide full back-office portfolio...
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December 03, 2019, 07:15 AM
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In 2017 Yamaha Motor Finance Corp., USA announced plans to bring its floorplan financing in-house, with a vision to provide a complete range of finance company services. Yamaha has chosen to partner with White Clarke Group, selecting the CALMS...
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June 21, 2018, 07:15 AM
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Captive finance companies are likely to face continued pressure on profitability due to rising credit losses, declining residual values and higher funding costs, according to a review of U.S. Captive Finance Companies from Fitch Ratings. In addition...
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June 15, 2017, 07:08 AM
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GSG Financial announced this week the addition of Michael Winstead as Relationship Manager. Winstead will be responsible for developing and expanding relationships in GSG’s Diversified Industrial vertical throughout the Southeast. He will report to...
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April 05, 2017, 07:05 AM
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LEAF Commercial Capital, Inc. (“LEAF”), a leading U.S. equipment leasing and finance company, announced the release of FinanceNOW, a next-generation financing platform and resource center designed to comprehensively support LEAF’s referral...
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August 08, 2016, 07:28 AM
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