AP Equipment Financing increased Q1/24 funding volume by 16.3% compared to Q1/23 and hired Mike Snyder as senior director of business development in its new fleet and mobility division and John Pratt as senior vice president of business development for its specialty vehicle division. read more
APR 8, 2024 - 6:59 am
AP Equipment Financing hired Alex Coveney as the executive vice president of its newly established fleet and mobility division. In addition to being tasked with developing value-added services throughout AP’s portfolio, the division will also explore untapped segments for new growth opportunities. read more
FEB 5, 2024 - 6:41 am
AP Equipment Financing began a new expansion initiative, placing a focus on expanding its towing and construction verticals. As part of the expansion, the company hired Ryan Whitehead as vice president of business development for the towing vertical and Seth Davis as vice president of business development to lead the construction initiative. read more
JAN 31, 2024 - 6:49 am
The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
DEC 20, 2023 - 6:58 am
The Equipment Leasing & Finance Foundation announced the 2024 officers of its board of trustees, including Zack Marsh, CLFP, senior vice president of accounting and analysis at AP Equipment Financing as chair. read more
DEC 5, 2023 - 6:53 am
AP Equipment Financing finalized a $200 million credit facility from Wells Fargo to capitalize on increasing demand from customers and dealer partners. read more
SEP 15, 2023 - 6:37 am
AP Equipment Financing, a provider of specialized equipment financing, appointed Jenifer Santoro senior vice president of business development and sales, Rena Waples floorplan operations manager, Melanie Rudiger, CLFP, docs and funding manager and Diana Crews asset manager. read more
MAY 26, 2023 - 6:57 am
AP Equipment Financing announced a new full-service step van lease program in partnership with Rush Truck Centers with all preventative maintenance performed right at the package and delivery contractor’s terminal. read more
FEB 17, 2023 - 7:07 am
AP Equipment Financing hired Zack Marsh, CLFP, as senior vice president of accounting and analysis. In this role, Marsh will be responsible for managing the accounting and treasury operations of the organization, including financial analysis, planning and budgeting. read more
FEB 6, 2023 - 7:21 am
According to the Equipment Leasing & Finance Foundation, overall confidence in the equipment finance market is 43.7, a decrease from the October index of 45. The ELFF has reported a decrease in its confidence index in each of the last three months. read more
NOV 17, 2022 - 7:22 am
Northteq, a provider of Salesforce origination solutions, partnered with Notarize to launch a product suite that will allow lenders to stay competitive and provide a simple way to help borrowers get their documents notarized securely from any device. read more
NOV 3, 2022 - 7:18 am
AP Equipment Financing won “The Oregonian: 2022 Regional Top Workplace Award” and funded $92.5 Million in Q3/22, a 46% year-over-year increase from Q3/21. read more
OCT 5, 2022 - 7:22 am
AP Equipment Financing expanded its current product offerings to include a wholesale flooring finance product for vendor and manufacturer partners and hired Mike Bransdorf to lead the program. read more
AUG 15, 2022 - 6:57 am
Through its newly established Certified Lease & Finance Professional prep program, AP Equipment Financing has added 10 new CLFPs this year. With this new class of CLFPs, AP Equipment Financing now has 25 employees with the CLFP designation, representing 25% of the company. read more
JUL 22, 2022 - 7:27 am
AP Equipment Financing funded $78.8 million in Q2/22, marking a 68% increase from Q2/21. Additionally, in the month of June, AP posted a funding volume of $29.1 million. read more
JUL 12, 2022 - 7:27 am