Equipment finance company NFS Leasing achieved 8% year-over-year growth in originations in 2023. The growth was driven, in part, by a 250% increase in vendor new business volume and a year-over-year surge in new customer originations.

“Our team’s strength and the value we provide to our customers to support their growth are highlighted by the achievement of our growth in originations, which surpassed the industry’s average,” Ashley Whyman, president of NFS Leasing, said. “NFS Leasing remains committed to providing innovative, personalized and flexible financing solutions to businesses that are unable to obtain funding from traditional financing sources.”

“As we mark another year of record growth and expansion, our inspiration is fueled by the stories and achievements of our customers and partners,” Dana Calumby, CFO of NFS Leasing, said. “Our commitment to excellence as a trusted partner will be supported by incremental investments in our systems and processes, as well as initiatives promoting our brand as the story lender in 2024.”