SLR Equipment Finance hired Thomas Downey as senior vice president of business development. In his role, Downey will be responsible for growing the company’s leasing and lending activities in the Southwest region of the U.S. He has more than 30 years of structuring experience in the equipment finance industry.

“I’m looking forward to joining the SLR Equipment Finance team,” Downey said. “SLR has established itself as a leading middle market equipment finance company that delivers creative financing solutions to its clients. I look forward to growing their presence in the Southwest with an emphasis on larger transactions across a broad spectrum of industries.”

“We welcome Tom to SLR Equipment Finance,” Randy Hicks, executive vice president of SLR Equipment Finance, said. “His experience working with larger, more complex transactions is a terrific fit with our company as we strive to build lasting relationships with our customers and support them now and in the future.”

SLR Equipment Finance, which was formerly known as Nations Equipment Finance, is celebrating its 10th year as an equipment finance provider in 2021.