2024 Monitor NextGen: Seth Yount, Vice President, Legal and Compliance, Amur Equipment Finance



Seth Yount,
Vice President, Legal and Compliance,
Amur Equipment Finance
CLFP

In his role as vice president of legal and compliance, Seth Yount is committed to ensuring the sustainable growth of Amur Equipment Finance. His goal is to help Amur become the leading equipment finance company in the United States. He aims to assist in its ethical and responsible growth while leading the industry in technological innovation.

Yount describes himself as a “coaching” type of leader. Over his 10 years at Amur, he has developed skills and industry knowledge that he enjoys passing on to his team, fostering their professional growth and enhancing Amur’s overall success. He values respect and professionalism, striving to create a company culture in which everyone works cohesively towards common goals.

“I believe my high standards for treating colleagues well help elevate company culture,” Yount says, “You can’t achieve your goals without motivated and qualified people working together. Respect is essential. I’m happy to say that I enjoy working with my team, who are good, fun and enjoyable people.”

Yount identifies adopting processes that leverage new technologies and challenge traditional lenders as a key industry challenge. With increasing regulation and cyber threats, he believes that pushing forward with technological innovation is crucial for the equipment finance industry to grow and best serve partners and customers.

Additionally, Yount envisions the equipment finance industry expanding its role in commercial lending through more formalized processes, industry maturity and technological innovation. He believes the industry is poised for growth, needing only to adopt scalable and efficient processes within an evolving regulatory framework. By working together, he sees equipment finance becoming a major player in the U.S. financial industry.

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