Quality Equipment Finance Reports Record Originations for 2022
JAN 18, 2023 - 7:13 am
Quality Equipment Finance experienced dramatic growth of 33% in origination volume year over year in 2022. Closed transactions totaled more than $125 million and were 99% sourced through third-party originators.
“We maintained focus on technological advancements, product and process improvements and an enhanced customer experience—driving a year of strong results,“ G. Paul Fogle, CLFP, managing director of Quality Equipment Finance, said. “In 2022, Quality added industry veterans to an already outstanding team. In addition, the strategic investments Quality made this past year, including our rebranding, renewed marketing focus, expansion of product offerings and simplified processes provided a stable foundation for sustainable long-term growth while enhancing our current agility and relevance with originators and borrowers.”
“Our veteran sales team is focusing on the fundamentals in 2023,” Stephanie Hall, vice president of sales at Quality, said. “With a passionate commitment to clients and customers, our growth targets are bolder than ever and Quality is positioned to deliver another year of strong performance. We have a solid foundation, will continue to capitalize on new opportunities and remain focused on the goals, strategies and values that have made us so successful for the past 65 years.”
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