Arvest Equipment Finance closed more than $418.6 million in gross production in 2021, marking a record total for the division of Arvest Bank and representing a year-over-year increase of more than 49%. Additionally, Arvest Equipment Finance’s total portfolio jumped more than 33% year over year from $513.7 million in 2020 to $685 million in 2021.

“We are proud of the growth we saw last year and, more importantly, pleased we were able to help so many customers,” Eric Bunnell, president of Arvest Equipment Finance, said. “The credit goes to our associates. They are the ones who stay focused on finding solutions for our customers and providing top-notch service.

“We’re also excited to see what this year holds. We continue to see great opportunities in the marketplace and have made technology upgrades that will help in the form of automation and other efficiencies. Again, our main focus is to continue to be innovative as we look for new and better ways to serve our customers.”

In addition to reporting its 2021 production, Arvest Equipment Finance hired Anna Matthews as a regional account manager. Matthews has more than 15 years of industry experience, most recently working in a sales capacity for Siemens Healthineers.

“We are thrilled to add a dedicated medical equipment program to our division and Anna will be instrumental in leading the charge,” John Raymond Pitre, regional sales manager for Arvest Equipment Finance, said.

In 2021, Arvest Equipment Finance also promoted Katie Crawford and Rick Dierks to regional sales manager positions, Suzzanne Salsbury to SalesForce product development manager and Clark Parker to asset manager supervisor. The company also hired Chris Massanelli as an equipment finance specialist for Kansas and Missouri.

“The growth we have enjoyed is allowing us to expand our division, which in turn results in substantial opportunity for attracting new talent and advancement opportunities for those who already are part of our team,” John Bradford, director of sales for Arvest Equipment Finance, said. “Just as we continue to make investments in technology and innovation, we also are investing in new positions, such as compliance officers, data analysts and product developers. It’s an exciting and dynamic time at [Arvest] Equipment Finance.”