Merchants Bank Renames Equipment Finance Unit



Merchants Capital Resources has changed its name to Merchants Bank Equipment Finance as of January 1, according to president Bradley R. Brolsma.

“Our new name better describes what we do best, and that is financing the equipment needs of our customers,” said Brolsma.

Merchants Bank Equipment Finance primarily provides equipment financing options to businesses located throughout the central U.S. and also partners with other finance companies in equipment finance transactions outside of its marketing footprint. The company finances tangible assets over terms of 2-10 years, on equipment with values generally ranging from $50,000 to over $10 million.

Merchants Bank Equipment Finance provides equipment financing to many industries, including construction, transportation, healthcare, manufacturing and food and agriculture.

“Our same knowledgeable staff will be ready to help current and new customers with their equipment financing needs,” said Brolsma. “We’re looking forward to this next chapter in our growth.”

Merchants Bank Equipment Finance will now operate as a division of the Merchants Bank parent organization, as opposed to a wholly owned subsidiary.


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!

One Reply to “Merchants Bank Renames Equipment Finance Unit”

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