AI advancements are enabling lenders to better predict residual values, a boon for the equipment finance industry as machines become increasingly tech heavy.

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360 Equipment Finance adds data analytics and innovation with Tamarack AI ® 360 Equipment Finance (360EF) has contracted with Tamarack Technology to implement the Tamarack AI ® DataConsole™, increasing the scale of its technology platform and enhancing its ability to serve the evolving needs of customers. This investment positions 360EF to continue its growth and harness the power of AI for faster, data-driven decision-making.

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AI is reshaping risk management in equipment finance, helping lenders use data not just to avoid or transfer risk but to predict, engage and manage it more strategically. Managing risk is core to equipment finance operations and capital. Risk — the potential of unwanted outcomes — emerges in all shapes and sizes and the industry has instinctively looked to data to help manage risk.

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Tamarack team members have been recognized by the Monitor in its annual listing of the “Most Influential People in Equipment Finance.” The list celebrates the changemakers, innovators and people working behind the scenes to shape the future of equipment finance.

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The latest edition of the CLFP Foundation Circular features a spotlight on Tim Appleget, CLFP. In the profile, he shares insights from his experience in equipment finance and technology, emphasizing professional growth and the value of continuous learning within the CLFP community. He also highlights how collaboration and knowledge-sharing continue to drive the industry forward.

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Latest software enhancements empower lenders with multi-contract visibility, expanded data insights, and streamlined customer collaboration tools

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