Amur Equipment Finance is celebrating a record-breaking year on a number of fronts. In 2024, Amur funded over $960 million to nearly 11,000 customers. As well, Amur’s portfolio crossed $2 billion in early 2024 and is on track to exceed $3 billion in 2025.
Amur received a record number of financing applications in 2024, and a record percentage of Amur’s originations were with “A” credit customers.
In 2024, Amur launched its Leading Edge product for construction and specialty vehicles, featuring its fastest approvals ever, brought on Rich Chenitz, an industry leader as its chief commercial officer, and launched a franchise-specific vertical led by an longstanding industry expert. It also rolled out several enhancements to its platform to augment its service experience.
Looking ahead to 2025, Amur’s experience in 2024 drives its commitment to double down on its dedication to product and service excellence. Highlights include:
Enhanced Product Suite & Partner Experience. Vendor and broker partners will have access to TRAC leases, newly redesigned partner portals and additional self-service documentation capability in 2025.
Expanded Team. Amur will grow its team in 2025 in order to expand its presence in key markets and sectors and provide even greater support to partners and customers.
“2024 was a remarkable a year for Amur,” Kalyan Makam, CEO of Amur, said. “It was a year that presented tremendous opportunity, with many others in our industry pulling back. I’m so proud of our group and our partners for seizing the opportunity — strengthening relationships and building new ones, serving new customers, expanding our presence in key industries like construction, specialty vehicles and franchise, the list goes on. With our extremely strong capital position, scaled platform and dedicated and talented team, we’re well positioned to set even more records in 2025 and beyond.”
