First Foundation Launches Equipment Finance Department

DEC 21, 2015 - 7:12 am

First Foundation Bank has established a new equipment finance department, which will be located in Irvine, CA, with the primary growth engine coming through third party originiations.

Mike Mayfield was chosen to lead the new division as SVP/MGR. Mayfield was previously a managing member of Commercial Finance Company. Before that, he was president of Golden West Financial Services, a subsidiary of Citizens Business Bank.

Joining Mayfield on the equipment finance unit’s staff are Bree Johnson and Steve Tidland, who will serve as a full-time consultant. Johnson was the operations supervisor of the commercial leasing department of Financial Pacific Leasing. Tidland is a former SVP/MGR of the commercial leasing department of Pacific Leasing. Both Johnson and Tidland are CFLP certified.

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2 Replies to “First Foundation Launches Equipment Finance Department”

Alex Kreger

December 21, 2015 at 3:38 pm

What type of equipment do fund in your new lease department. What is the dollar amount you will finance or lease. What do you offer lease and finance brokers?

Mike Mayfield

January 4, 2016 at 3:17 pm

Hi Alex,
I hope you had some great Holidays and I wish you the best in 2016! Thank you for your inquiry. We will be funding our first leases and loans this month. We’d be happy to send you a Questionnaire and an Application if you’d like to become a broker funding partner with us. We will fund most types of equipment for business use, with app. only going from $20K min. to $150K max nationally and full pkg, trx from $20K to $25MM. Please contact me at 949-732-7470 or [email protected] to discuss further. I look forward to talking with you.
Mike Mayfield SVP/MGR