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Empowering Innovation in the Equipment Finance Industry

Date: May 20, 2021 @ 07:00 AM
Filed Under: Industry Trends

In this exclusive interview with Bill Verhelle, CEO of QuickFi by Innovation Finance, Verhelle discusses his views on the challenges equipment finance companies face when attempting to innovate their business models, and the benefits of starting with a clean slate. According to Verhelle, while some equipment finance companies have successfully achieved this mission, changing from legacy systems and platforms can present significant challenges. Verhelle also discusses the importance of empowering employees to think outside the box to try new and innovative ways to conduct business and break free of traditional processes.



Bill Verhelle
Chief Executive Officer | QuickFi by Innovation Finance
Bill is the Founder of Innovation Finance USA LLC and First American Commercial Bancorp, Inc. d/b/a First American Equipment Finance.

Innovation Finance® is the creator of QuickFi® a patent pending self-service equipment financing platform incorporating A.I., blockchain, facial recognition, drivers’ license authentication and the latest mobile and cloud technologies.

QuickFi® facilitates business equipment financing transactions that previously took days or weeks in three-minutes, 24/7/365, from anywhere. Several of the world’s leading global business equipment manufacturers have selected QuickFi® to enable faster more profitable equipment sales.

Bill served as the cofounder and CEO of First American Equipment Finance (from its launch in 1996 until 2015). While a student at Cornell Law School in 1996, Bill founded First American with his long-time friend and business partner, Guy Klingler. They sold the business to City National Bank (now Royal Bank of Canada) in 2012. Today, First American serves as Royal Bank of Canada’s U.S. equipment finance business, with several Billion Dollars in assets.

Bill has J.D. from Cornell Law School ('98), an MBA from the Anderson Business School at UCLA ('92) and a Bachelor of General Studies degree from the University of Michigan in Ann Arbor ('88). Bill is a member of the New York bar and is also admitted to the New York Court of Appeals and to the U.S. Supreme Court.

In 2009 Bill served as the Chairman of the ELFA in Washington DC.

Bill and Cyndee Verhelle reside with their four children in Naples, FL.
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