Chris Lerma Related Content

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 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 New Business Volume Rose 6% Y/Y in 2022

According to the Equipment Leasing and Finance Association, overall new business volume for December was $12.9 billion, up 9% year over year, and cumulative new business volume for 2022 was up 6% compared to 2021. read more

AP Equipment Financing Announces Record Funding Volume in 2022

AP Equipment Financing funded a company record $327 million in 2022, representing 38% year-over-year growth. AP also managed a portfolio of nearly 13,000 contracts and $635 million of receivables. 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

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

AP Equipment Financing Hires Bransdorf to Lead New Floorplan Inventory Division

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

AP Equipment Financing Funds $78.8MM in Q2/22

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

AP Equipment Financing Sets Company Record for Funding in Q1/22

AP Equipment Financing funded a company record $63.5 million in Q1/22, marking a 50% year-over-year increase from Q1/21. The company funded 906 transactions in Q1/22 with an average transaction size of $70,040.   read more

AP Equipment Financing Sets Company Record for Funding in 2021

AP Equipment Financing funded a company record $239 million in 2021, marking a 22% increase compared with 2020. read more

AP Equipment Financing Sets Company Funding Record of $64MM in Q3/21

AP Equipment Financing set a new company record for funding volume in Q3/21, funding a total of $64 million compared with the $40.8 million it funded in Q3/20, representing 57% growth. read more

AP Equipment Financing Hires Smith as SVP of Risk

AP Equipment Financing hired Brian Smith as senior vice president of risk. With more than 25 years of experience in various credit and syndication roles in the equipment finance industry, Smith will be responsible for growing AP's funding channels and further nurturing those relationships. read more

ELFA Celebrates 60th Anniversary in 2021

The Equipment Leasing and Finance Association is celebrating its 60th anniversary in 2021, commemorating six decades of bringing equipment finance industry professionals together for networking, education, advocacy and industry information. read more

AP Equipment Financing Reports 17% Funding Growth in 2020, Promotes Lerma and Williams

AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17% growth over 2019. Additionally, AP Equipment Financing promoted Chris Lerma, CLFP, to president and Fred Williams to chief sales officer. read more

ELFA Elects Members of 2021 Business Council Steering Committees

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com