Harry Fry & Associates Close More Than $77.5MM in Funding in 2020



Harry Fry & Associates (HFA), a finance and lease source dedicated to the crane and lift industry, closed out 2020 with more than $77.5 million in funding. Since 1995, HFA has acquired funding in excess of $1 billion of equipment acquisitions.

“2020 was a year unlike any other, with several industries feeling the pressure to pivot due to the pandemic,” Harry Fry, CEO of HFA, said. “Fortunately, construction was deemed essential, thus many of our customers were able to operate at full capacity, complete projects and take on additional work.”

“We wish to thank all our customers and funding partners for working with Harry Fry & Associates to place nearly $1.3 billion in debt and lease funding in our first 25 years,” Cheryl Fry, vice president of HFA, said. “2020 marks another year where we have surpassed $75 million in annual funding. We continue to grow our business, and with 40% of all transactions attributed to new customers this past year, we are hopeful to see a similar trend in 2021.”


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com