Captive equipment lessor OnPoint Capital promoted Walter Stranzl to president of the organization and Chris Meeks to senior vice president of Capital Markets.

Stranzl joined OnPoint Capital in 2013 and has been instrumental in the business’s growth over the past six years. Since 2003, Andrew Bender has successfully led OnPoint Capital [and its predecessor GSG], building the business from entrepreneurial roots into a premier provider of financial services for OnPoint Group and other customers. During this time, Bender has hired, developed and led a talented team to support the growth and development of OnPoint Capital.

“As our company grows, I am honored to pass the torch to Walter,” said Bender, who will transition to an advisory role as Stranzl assumes his new position.

“With over 25 years in the industry Walter brings continuity and stability to the OnPoint Capital team,” said Michael White, group president.

In his new role, Meeks will head efforts in Partner Relations & Syndications.

“OnPoint Capital has a truly exceptional leadership team. I am humbled to be given the opportunity to help lead an organization on the forefront of industry innovation,” said Meeks.

OnPoint Capital’s core business remains focused on full-asset life cycle management and flexible financial packages.

“Our directive is to meet the growing demands of our customers while maintaining a high level of excellence. Continue to expect the same level of dedicated personal service and veteran expertise that is our trademark,” said Stranzl.

OnPoint partners with organizations to facilitate capital acquisitions through personalized service and customized financial products. The company’s core offerings consist of operating leases, capital leases and equipment finance agreements.