AP Equipment Financing Related Content

AP Equipment Financing Celebrates 1 Year of Wholesale Floorplan Program

AP Equipment Financing is celebrating the success of its wholesale floorplan program, spearheaded by Floor Plan Operations Manager Rena Waples. Since Rena joined the team in 2023, the program has garnered significant interest from dealers and suppliers. read more

In Memoriam: Raquel O’Leary, AP Equipment Financing (1976 – 2024)

AP Equipment Financing issued a statement regarding the passing of Raquel O’Leary, who lost her courageous battle with cancer on May 18, 2024. Her passing is a monumental loss to all communities, where she was not only a natural leader but also a mentor and a friend to many. read more

AP Equipment Financing Hires Ovsak as VP of Strategic Alliances and Sourcing

AP Equipment Financing expanded its team by hiring Geliene Ovsak as vice president of strategic alliances and sourcing. Ovsak has more than 30 years of experience in the fleet industry and specializes in strategic sourcing and managing supplier relationships. read more

AP Equipment Financing Reports 16.3% Increase in Q1 Funding Volume, Adds Business Development Execs

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

AP Equipment Financing Hires Coveney as Head of Newly Established Fleet & Mobility Division  

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

AP Equipment Financing Expands Towing and Construction Verticals

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

ELFF Forecasts 2.2% Expansion in Equipment & Software Investment in 2024

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

ELFF Elects New Officers, Adds New Trustees & Presents Research Award to Gerard

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

AP Equipment Financing Secures $200MM Credit Facility from Wells Fargo

AP Equipment Financing finalized a $200 million credit facility from Wells Fargo to capitalize on increasing demand from customers and dealer partners. read more

AP Equipment Financing Expands Management Team with Recent Hires

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

AP Equipment Financing Partners with Rush Truck Centers for Van Lease Program

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

AP Equipment Financing Hires Marsh as SVP of Accounting

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

Equipment Finance Industry Confidence Eases Further in November

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

Northteq and Notarize Launch Online Notarization Product

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

AP Equipment Financing Wins Top Workplace Award, Funds $92.5MM in Q3

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

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