After a brief round of layoffs in the spring, Great Lakes Asset Solutions is growing yet again. With many states imposing restrictions on repossessions, Great Lakes furloughed much of its staff to weather the COVID-19 pandemic and the restrictions imposed by local governments.

Great Lakes brought all staff back and leased additional office space in its Lockport, NY, location. The additional space will permit additional social distancing within the office and accommodate additional staff being trained.

With the deferrals and extensions granted by many lenders coming due, Great Lakes expects an increase in placements from new and existing clients as protections for end users expire. The newly leased space and the recent appointment of Jim Gurney as training manager will allow new hires to be trained and deployed rapidly.

Great Lakes Asset Solutions, formed in 2015 by Brandon Marvin, has grown from its core group of five to a nationwide firm of more 40. Great Lakes is a member of both the Equipment Leasing and Finance Association and National Equipment Finance Association.