AP Equipment Financing Hires Smith as SVP of Risk

AP Equipment Financing hired Brian Smith as senior vice president of risk. With more than 25 years of experience in various credit and syndication roles in the equipment finance industry, Smith will be responsible for growing AP’s funding channels and further nurturing those relationships. Furthermore, Smith will oversee AP’s third-party origination channel to ensure funding options for the company’s indirect partners.

“I am extremely happy to join the team and begin contributing at AP,” Smith said. “AP is a fantastic group of people with a culture that is congruent with my own.”

“We are pleased to have Brian join AP as the SVP of risk. Brian brings a tremendous amount of experience to the group and will play a vital role in further developing our capital markets strategy as we continue to grow our originations platform,” Chris Lerma, president of AP Equipment Financing, said. “With his broad experience, he will also step in to assist with credit and will help manage the portfolio and banking relationships. It’s great having such a versatile skill set join the team.”

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