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

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 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 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

JAN 25, 2023 - 7:23 am

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

JAN 12, 2023 - 7:14 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

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

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

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

APR 12, 2022 - 6:28 am

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

JAN 5, 2022 - 6:22 am

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

OCT 13, 2021 - 6:30 am

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

AUG 19, 2021 - 6:15 am