Financial Partners Group Reports Record in September Funding Volume
OCT 15, 2020 - 7:13 am
Financial Partners Group reported September funding volume of $22 million, which represented 97% year-over-year growth for the month and marked the highest origination month in the company’s history.
“The company restructure and additions to sales/operations have made an immediate impact. We knew it would be a success, but we didn’t think it would happen as quickly as it has given the uncertainty in today’s market,” Jeff LaLima, CEO of FPG, said.
“We are proud of our origination number and growth, which reflects a commitment to our loyal vendor relationships as well as our expansion into additional verticals, particularly hard assets” Josh Mabee, COO of FPG, said.
“We couldn’t be more pleased with our quarter end results, particularly in September, and the contributions made by every employee as we continue to build the new FPG brand,” Rob Noble, executive vice president of FPG, said.
FPG partnered with New Jersey-based ad agency Splendor Design Group in August to help with its rebrand, and will be launching a new website and vendor/user-friendly platform to assist in streamlining sales processes before the end of the year.
Established in 2004, FPG is an equipment finance company that delivers financial solutions for small-to-medium sized businesses and equipment manufacturers and distributors. Since its founding, FPG has provided more than $1.25 billion in equipment and vendor financing.
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