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Western Alliance Bank EF Funds $42MM in Essential Use Projects in Q2

August 22, 2019, 07:20 AM
Filed Under: Company Announcements

Western Alliance Bank announced that during the second quarter of 2019, its Equipment Finance Group funded more than $42 million in essential use equipment financing projects.

“The Equipment Finance Group has seen a solid response in the second quarter of 2019, which has resulted in the group providing more than $107 million in financing during the first half of the year,” said Brian Scott, Senior Vice President. “This is a testament to our commitment to finding effective financing solutions for borrowers in this space.”

The Equipment Finance Group works with other areas within the bank to bring different solutions to the table, including alternate financing solutions and also by working directly with original equipment manufacturers and their captive sources to provide financing solutions for their clients.

Western Alliance’s Equipment Finance, a national specialty banking group within Western Alliance Bank, delivers capital markets solutions in equipment financing for a wide variety of industries and sectors, including healthcare, technology, manufacturing, software services, energy management, construction, transportation and more.

Western Alliance Bank reached a key milestone in the second quarter with $25 billion in assets.

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