AP Equipment Financing funded $78.8 million in Q2/22, marking a 68% increase from Q2/21. Additionally, in the month of June, AP posted a funding volume of $29.1 million and the company is projecting another company-record-breaking year of volume generation through a mix of vendor and direct origination strategies.

“With all the volatility in the markets, continued supply chain issues, and with the Fed rapidly increasing rates, our team was able to stay nimble and quickly react to our customers and vendors financing needs.” Chris Lerma, CLFP, president of AP Equipment Financing, said. “The growth in origination volume is a testament to our team’s hard work and focus on providing top notch customer service.”