Amur Equipment Finance reported strong origination growth in Q2/22, with volume increasing 85% year over year in comparison with Q1/21, driven by a company record number of processed applications. Amur also set a company record for total originations in the first half of the year. Based on these results, Amur said it is firmly on track to achieve its originations target for 2022 and to deliver another company-record-breaking year.
“The second quarter results demonstrate the value of our approach of considering every possible path to support our customer base of entrepreneurs and business owners committed to their own businesses,” Andrea Zana, chief risk officer of Amur, said. “Just like them, we are also committed to employ our proven underwriting standards, speed and scale of our operations to continue providing capital to the U.S. small business community, no matter what headwinds it may be facing.”
“I’m incredibly proud of the results we achieved in the first half of this year,” Casey Mitchell, senior vice president of sales at Amur, said. “It’s exciting to be able to work alongside our partners and small business customers, offering them the most powerful and robust platform on the market. Our continued growth validates our customer-first, customer-for-life approach and continues to propel us toward becoming the preferred lender in the market.”
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