BMO will sell its transportation and vendor finance business to alternative investment firm Stonepeak, the bank said Monday. The sale, part of Toronto-based BMO's efforts to zero in on core markets ...

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Vendor finance is a creative way for a firm to fight falling sales. If a customer cannot afford to pay up front, it borrows the funds from the manufacturer. Turnover goes up, of course, but there's a ...

JACKSONVILLE, Fla., June 25, 2025 /PRNewswire/ -- Merlo America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Merlo customers with ...