Beneficial Equipment Finance named Doreen Cropp and Scott Soslow as vice presidents, business development officers.

“Our healthcare industry vertical represents an attractive area of opportunity to further grow our business,” said George Bednar, vice president and director of Sales for Beneficial Equipment Finance. “We’re looking forward to the 50+ years of combined experience that Doreen and Scott bring to our team, as well as the contributions they will make in our future growth.”

Cropp joined BEFC with over 25 years of financial services experience, as well as accomplished business development and relationship building. She has developed strong healthcare vendor relationships throughout her career and has dealt with competitive selling situations that have resulted in over $200 million in lease volume. Prior to BEFC, Cropp held roles in Business Development at TCF Equipment Finance, DLL Financial Services, CitiCapital and her own finance company.

Soslow brings over 30 years of equipment financing experience to Beneficial in sales, management, credit and operations to facilitate the division’s growth plans. At BEFC, he will be responsible for developing new manufacturer, distributor and dealer relationships in both the healthcare and commercial markets. Soslow previously held positions at Copelco Leasing/Citi Capital, American Express Business Finance, LEAF Financial and Marlin Equipment Finance.