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Amur Records Best October Originations in Company History

November 06, 2023, 07:25 AM
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Topic: Industry News

Amur Equipment Finance, Inc. (Amur) announced the completion of its strongest October originations performance and one of its strongest origination months in company history.

“Our exciting results are a product of the incredible collective effort of our entire team,” said Kalyan Makam, Amur’s Chief Executive Officer. “Our business is purpose-built to serve our partners and customers. At our current run-rate we will soar passed our previous high-water mark for originations in 2024, but it is the success of our partners that motivates our team to succeed.”

No matter the economic environment, Amur’s dedication to the financial needs of its partners and customers is steadfast. As others retrench, Amur, already one of the largest non-bank equipment finance companies in America, is building upon its nationwide footprint to become an indispensable source of differentiated financing and trustworthy service for equipment vendors in its core verticals of construction, manufacturing and transportation.

“Every day we hear from our vendors partners how much they appreciate our unwavering commitment to the SMB market,” said Ken Karpel, Senior Vice President, Sales at Amur. “As others have pulled back, increased pricing, and changed their offerings, we’ve been rock solid, and that goes a long way.” 

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