Rick Kurz, president and head of Flagstar Equipment Finance, believes equipment finance is fundamentally a people business and he takes pride in the team he’s built and their daily commitment to clients and the industry. Their ability to consistently execute and foster strong partnerships allows Flagstar to play a meaningful role in supporting capital flow across the market.

“After years of talking about the industry’s aging workforce, we’re now seeing a younger and more diverse generation step into leadership and decision-making roles,” Kurz says.

Kurz is closely tracking the convergence of AI adoption and data center expansion, which he sees as one of the most significant trends in capital and structured finance today. He believes it presents substantial growth opportunities, though prudent risk management remains essential in these rapidly growing sectors.