AP Equipment Financing announced an expansion initiative designed to diversify and nurture its growing portfolio. In 2024, AP is placing a focus on expanding its towing and construction verticals with a concentrated effort on strengthening vendor, dealer and manufacturer relationships.
As part of this expansion, AP brought onboard four industry experts spearheading these initiatives. Ryan Whitehead, with over 18 years of experience in equipment finance, brings an extensive background in the towing sector. Leading AP's initiative in the construction industry, Seth Davis is supported by seasoned professionals Andrew McBride and Adam Domke.
Ryan Whitehead: VP of Business Development – Towing
Whitehead leverages over 18 years of expertise in building relationships with end-users and dealers in various markets. Coming from Huntington National Bank (formally TCF Equipment Finance), his wealth of experience makes him a recognized expert in the towing industry, known for providing excellent service and crafting tailored programs across the United States.
Seth Davis: VP of Business Development – Construction
Davis, a seasoned professional, collaborates with construction dealers, manufacturers, and end-users to optimize profitability through tailored finance solutions. With prior roles as Territory Manager, Dealer Development and Branch Manager, Davis brings expertise that spans vendor finance, sales team oversight and dealer growth. His focus on client and vendor relationships positions him well for spearheading AP’s construction verticals.
Andrew McBride: VP of Business Development – Construction
McBride is an experienced sales professional in the finance industry with numerous years managing vendor programs at Marlin Capital Solutions. His expertise involves engaging new and existing equipment manufacturers and dealer networks through compelling offers, including subsidized promotions, floor planning and retail solutions. With a focus on creating unique vendor programs, his extensive experience and networking skills make him an asset in AP’s new initiatives.
Adam Domke, CLFP: Business Development Officer – Construction
Domke brings over six years of experience in the finance sector from Stearns Bank and Oakmont Capital, providing valuable business development expertise within the industry. His background includes extensive involvement in dealer programs and vendor management, with a strong focus on growth and sales.
Chris Lerma, CLFP, President of AP, said, “This expansion underscores our commitment to providing innovative solutions, fostering client success, and reinforcing our position as a leader in equipment financing. With a focus on towing and construction verticals, we're poised for significant growth, and our dedicated team of industry experts ensures a bright future ahead.”