MB Equipment Finance opened a new office in Denver and added Sean Holden as vice president, sales of its Philadelphia office.

The new office extends the group’s reach into Colorado and will serve as the base for originating new equipment loans and leases in Colorado, Nebraska, Kansas, Missouri, Arkansas and Oklahoma.

The Denver office will be led by Mark Beardslee, senior vice president, MB Equipment Finance, who previously managed the company’s Kansas City, KS office and has over 25 years of experience in the commercial leasing industry. In his expanded role, Beardslee will also manage MB Equipment Finance sales teams in Austin, Dallas and Philadelphia.

Sean Holden joined as vice president, Sales and will manage the company’s Philadelphia office. Holden succeeds Larry Lehman, who retired in late 2017. Holden is responsible for the origination of new equipment loans and leases in the Mid-Atlantic region consisting of Maryland, Pennsylvania, New Jersey and Delaware. Holden brings more than 13 years of banking experience, specializing in construction, manufacturing and aviation industries.

Prior to joining MB, Holden was a vice president at WSFS Bank, responsible for managing commercial banking businesses.

“MB Equipment Finance continues an exciting period of growth and we believe it’s the right time to grow our footprint into new regions and expand our successful sales team,” said Dave Drury, president, MB Equipment Finance. “Both Sean’s addition and the expansion into Colorado strengthen our position as a national equipment finance leader, and build upon our current momentum.”