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Coon to Lead Axis Capital’s Sydication Efforts; Elected Officer of NEFA

October 21, 2015, 07:08 AM

Axis Capital announced that Mike Coon was elected as a new officer of the Executive Committee of the National Equipment Finance Association (NEFA) for 2015-2016. Coon joined Axis Capital in 2015 as Vice President - Syndications Manager and is responsible for Axis' buy and sell activities. He will focus on selling Axis-originated contracts to other financial institutions as well as purchasing transactions from banks and other leasing companies. Coon was most recently a Vice President at Lease Corporation of America, where he was responsible for developing and managing relationships with lessors and banks as well as for the wholesale funding division.

Gordon Glade, founder and CEO of Axis, said, "Mike Coon is going to lead the company's syndication efforts as we continue to serve as reliable capital partners to over 5,000 current customers. He will continue to build on our efforts to provide a broad base of flexible financing solutions for a wide range of business owners and equipment vendors across North America and form long-lasting relationships with our clients."

"With nearly 20 years in business as an independent finance company, we understand the value of long-term business building and we work closely with customers to provide them with efficient access to financing options," added Axis's President Cecilia Park. "Mike's syndication experience and relationships will complement our deep knowledge of assets, broad industry coverage and underwriting expertise as we continue growing our company."

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