Key Equipment Finance promoted Lori A. Maxon to vice president of commercial vendor technology. In this role, Maxon will work closely with technology vendors to develop structured finance solutions for enterprise clients throughout the Northeast.

“We are very fortunate to have someone with Lori’s background and experience in this role to help our vendors use structured financing as a means to shorten sales cycles and increase the breadth of solutions that they can provide their clients,” said David Lempko, senior vice president, commercial vendor IT, Key Equipment Finance. “Lori has been with Key Equipment Finance since 1998 and has worked through a progression of roles with increasing responsibility throughout her tenure. I look forward to seeing her succeed in her new position.”

Maxon joined Key Equipment Finance in 1998 and most recently was vice president, commercial leasing services, business banking. Previously, she worked for the company in various capacities, including account manager, inside sales and business banking.

Headquartered near Denver, Key Equipment Finance has been in the equipment finance business for 46 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its commercial vendor unit, equipment finance programs are developed for manufacturers, distributors and resellers.

Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a capital markets team to support corporations looking to optimize risk and revenue.