Tag: construction equipment rentals: Page 2

Construction Equipment

GE Capital expands equipment financing program for dealers looking to grow their rental fleets

With equipment rentals showing growth in each of the last three years, GE Capital is hoping to boost expected continued growth in coming years even further with an expansion of its equipment financing program for dealers looking to grow their rental fleets. Though most dealers pay cash for equipment that costs less than $10,000, Jim […]

January 30, 2014

Business

Volvo sells Volvo Rents equipment rental business to Platinum Equity

As rumored earlier this year, the Volvo Group has agreed to sell its Volvo Rents construction equipment rental business to Platinum Equity, a U.S.-based private equity firm, for $1.1 billion (SEK 7.5 billion). The sale should be completed during the first quarter of 2014. As a pre-requisite for the sale to go through, Platinum Equity […]

December 10, 2013

Business

U.S. equipment rental revenues forecast to grow 6.5% in 2013, show strong growth through 2017

The American Rental Association’s forecast for equipment rental revenue in the U.S. remained basically the same after its third quarter update. The ARA Rental Market Monitor expects equipment rental revenue to grow 6.5 percent in 2013 to $33.3 billion. Earlier this year that mark was set slightly higher at $33.5 billion. The small revision aside, […]

November 4, 2013