AmeriQuest Transportation Services said it has named Ray Ellingsen as vice president of syndication.

Ellingsen comes to AmeriQuest with more than 20 years of experience in the syndication, equipment lease finance, and commercial banking industries. At AmeriQuest, he is responsible for growing and maintaining national funding source relationships with complementary valued-added financial institutions and equipment finance organizations, as well as developing customized, customer-focused, life-cycle fleet management financing programs.

“I am excited to join AmeriQuest, as the Financial Services team is well positioned to provide enhanced customer value through AmeriQuest’s leading fleet management life cycle financial solution offerings. With more than 1,500 customers nationwide, significant collaborative opportunities exist for long-term sustainable growth success,” Ellingsen said.

Prior to joining AmeriQuest Transportation Services, Ellingsen served as vice president of national lease financing for BankFinancial FSB, where he provided loan funding to leasing companies and managed syndication relationships.