MidCap Equipment Finance originated $85 million in new equipment leases in 2022. Midcap provided financing for manufacturing equipment, automobiles, construction equipment, transportation equipment and aircraft.
“2022 was an incredible year for our business as we launched into the large ticket equipment finance market. Our experienced team of investment professionals executed on all aspects of the business from originations, underwriting and operations,” Saurin Shah, president of MidCap Equipment Finance, said. “With a strong foundation in place, we are now set to grow and 2023 is starting off very strong. We continue to follow our guiding principles of speed, simplicity and straightforward communication with customers and intermediaries.”
