ARC Equipment Finance LLC, a privately held national equipment finance company, has joined the Equipment Leasing and Finance Association (ELFA). The trade association represents over 500 financial services companies and manufacturers. The membership will provide ARC Equipment Finance with more opportunities for professional development, networking and access to industry resources.
Since its formation in 2020, ARC Equipment Finance has quickly emerged as a national equipment finance company. Led by industry veterans Kevin Cunningham and Bill Deutsch, the company works with large corporations across various industries to develop and deploy equipment acquisition and financing solutions.
Deutsch, a Managing Partner, has over 25 years of progressive commercial banking experience with a career emphasis dedicated to successful equipment finance investment development and management. Before establishing ARC Equipment Finance, he was President of a bank equipment finance subsidiary where he led the direction and ran the day-to-day operations. Hel maintains longstanding and dedicated national customer relationships that have contributed to over $5 billion in equipment finance originations over his career.
Managing Partner Cunningham leads sales for the company and has more than 20 years of equipment leasing and investment experience. He has successfully originated, underwritten and financed over $250 million in original cost focused on material handling, healthcare, production and technology equipment. Cunningham has significant experience in relationship development, loan and lease structuring, program structuring, equipment valuation, and residual realization management. He maintains substantial lessee, vendor, and manufacturer relationships that contribute to consistent, reliable transactions.
"Kevin and I are honored to be a part of the ELFA once again and look forward to collaborating with our fellow industry peers," said Deutsch. "Having been in the equipment finance industry for most of our careers, we are proud to join this esteemed group of colleagues and represent our new company, ARC Equipment Finance."
ARC Equipment Finance LLC is headquartered in Oakbrook Terrace, IL.