Amur Equipment Finance has continued its investment in its strategic growth, notwithstanding the nationwide economic slowdown caused by the COVID-19 pandemic, as the company prepares to celebrate 25 years in business in 2021.
As a testament to its commitment, Amur recently opened its brand new, purpose-built Grand Island, NE, headquarters, which will allow the company to continue to build upon its origination and customer service platform while facilitating future expansion.
In addition, Amur recently welcomed industry veteran Jason Wise and his team of equipment finance professionals to its nationwide, vendor-focused salesforce. Wise and his team have historically produced more than $100 million in annual originations within the healthcare and aesthetic medical sectors and bring vendor relationships to Amur’s network of more than 15,000 vendors.
Over the last four years, Amur has increased its originations by more than 200%, while increasing its employee headcount by more than 150%. Amur also has expanded its national footprint, opening offices in Texas, Massachusetts, New Hampshire and Omaha, NE, over the same period to better serve the financing needs of its vendor partners.
“While we are cognizant of the many challenges brought on by the COVID-19 pandemic, we believe it has brought out the best in our organization,” Mostafiz ShahMohammed, chairman and CEO of Amur, said. “Our resilience has been tested and it has passed with flying colors. We are proud of our efforts to help our customers navigate through this incredibly difficult period and will remain steadfast in our support of their needs as economic conditions continue to improve. Our business volumes have been returning to pre-COVID levels, we’ve expanded our capital base, and we’ve added to our industry-leading vendor origination team with the addition of Jason and his team. Our commitment to serving our vendors’ growth and need through a fully-integrated, full-service platform is unwavering, and we are excited for what is to come for Amur.”
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