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Ervin Leasing Becomes Ervin Equipment Finance, Celebrates 35 Years

December 10, 2013, 07:00 AM
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Topic: Industry News

Ervin Leasing is celebrating 35 years in the equipment finance business by updating their name to Ervin Equipment Finance. Ervin is one of the oldest financing companies in the industry and has earned a reputation for integrity and personal service from their work with over 9,000 vendor partners since 1978.

In January 2013, Ervin Equipment Finance joined forces with Bank of Ann Arbor, an Ann Arbor Michigan based bank with total assets and assets under administration of over $1.7 billion.

“Bank of Ann Arbor recognizes the 35 years of success enjoyed by Ervin and is very confident in the future growth potential of Ervin Equipment Finance,” said Tim Marshall, President & CEO, Bank of Ann Arbor. “We have a substantial level of liquidity which will provide a stable source of funding to support Ervin’s expansion. Ervin’s national focus also provides us with economic diversification.”

“Now that we’re affiliated with Bank of Ann Arbor, we are attracting top producing sales professionals and future vendors that want high touch personal service.” explained R.J. Grimshaw, Executive Vice President & Chief Sales Officer, Ervin Equipment Finance.

Ervin Leasing Company, founded in 1978, is a well-established small ticket, $5,000 - $250,000, equipment leasing and finance company headquartered in Ann Arbor, Michigan.  The company has a national presence in the small ticket vendor space servicing the general equipment categories with emphasis on strong service and self-underwriting solutions.  Ervin Leasing was acquired by Bank of Ann Arbor in January 2013.
         

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