Alliance Funding Group (AFG), a privately-held equipment finance company, upsized its corporate notes to $50 million. This upsize will be used to facilitate growth and for working capital needs. read more
OCT 23, 2024 - 6:22 am
The quest for wealth first drew Brij Patel, president of Alliance Funding Group, to the finance industry. After launching a company, transitioning from a broker to a lender and asset management firm, Patel has demonstrated that true success stems from adaptability and a willingness to embrace change.... read more
Monitor 100 2024
Alliance Funding Group appointed Adam Doyle as senior vice president, head of technology finance and Eric DeHart as market director, technology finance. Together, they bring over 40 years of combined experience in equipment leasing, sales and strategic financial services. read more
MAY 16, 2024 - 6:02 am
Does your company have a winning culture, or is there room for improvement? The leaders of companies selected for Monitor’s 2024 Best Companies list in the culture category share the traits that set their companies apart and discuss nine common themes inherent in the best company cultures.... read more
Jan/Feb 2024
Alliance Funding Group upsized its corporate notes to $39 million. The new issuance was assigned a BBB rating by a nationally recognized statistical ratings organization. Alliance Funding Group will use proceeds from this transaction for working capital purposes and to finance growth, including potential future acquisition opportunities. read more
JUL 25, 2023 - 6:56 am
Brij Patel, founder, president and CEO of Alliance Funding Group, has the small-ticket lessor growing rapidly, something it’s been doing for more than 20 years. With an eye on growing originations while managing risk and adapting to new technology, Patel aims to keep on going. ... read more
Monitor 101 2022
This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more
Vol. 48 No. 3 2021
Alliance Funding Group (AFG), a privately-held equipment finance company, closed a $25 million investment grade-rated corporate note financing. AFG intends to use the net proceeds from the transaction to support its on balance sheet growth and structured finance business. read more
MAR 24, 2021 - 6:38 am
Alliance Funding Group has set its sights on a path of accelerated growth. Monitor catches up with CEO Brij Patel and SVP Brent Hall to discuss the company’s plans to become one of the top 10 independents in equipment finance. ... read more
2021
Alliance Funding Group (AFG), a privately-held equipment finance company, launched a new website domain, logo and brand identity. The company's new website domain is afg.com. read more
JAN 22, 2021 - 7:04 am
CIBC Bank provided a $60 million revolving credit facility to Alliance Funding Group, a specialty finance company. read more
NOV 20, 2020 - 7:22 am
Alliance Funding Group acquired Summit Commercial Finance, an independent specialty finance and leasing company based in Scottsdale, AZ. read more
NOV 4, 2020 - 7:23 am