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Commercial Equipment Finance Named Financial Institution of the Year in Puerto Rico

May 07, 2015, 06:00 AM
By
Topic: Industry News

Commercial Equipment Finance, Inc., a leading provider of commercial financing and leasing solutions in Puerto Rico, was awarded with the 2015 Financial Institution award by the Puerto Rico Producers Association on April 30th, 2015.

Ricardo A. Rios (CEO & President) and Guillermo Perez (EVP of Sales) accepted the award on behalf of Comercial Equipment Finance, Inc. “We are delighted to receive this award on behalf of our entire staff. This recognition validates that our knowledgeable, relationship-focused financing solutions are valued by the hundreds of institutions and equipment distributors we serve".

Since 2010, CEFI has funded over $100MM in equipment leases and loans to Puerto Rico based entities. As a direct lender, CEFI specializes in providing financing and leasing solutions to equipment manufacturers and distributors as well as to businesses of all sizes. The company’s management team has a longstanding track-record on the Island, originating over $4 billion in equipment loans and leases in Puerto Rico throughout their respective careers.

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