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Klingler, Co-Founder and Former President of First American, Invests in Innovation Finance

May 16, 2018, 07:29 AM
Filed Under: Industry News

Guy Klingler, Co-Founder and former President of First American Equipment Finance, announced a significant equity investment in Innovation Finance USA LLC. He also joined the Board of Directors of Innovation Finance.

“Guy has been a close personal friend and a respected business colleague for two decades,” said Bill Verhelle, CEO of Innovation Finance. “I’m honored and grateful for Guy’s longstanding friendship and support. We are delighted to have Guy’s participation in this exciting new venture.”

After co-founding of First American Equipment Finance, one of the most successful commercial finance businesses in the U.S., Klingler served as its President and Verhelle served as CEO.

“At the heart of Innovation Finance is a culture that embraces change to create opportunity,” said Klingler, “I’m thrilled to be supporting and working with a team I already know and respect. Innovation Finance is spearheading an important redirection in the commercial equipment finance industry. I am honored to be part of it.”

Before founding First American, Klingler assisted with the formation and management of Oliver-Allen Corporation's successful computer leasing division in San Francisco, now part of US Bank’s commercial equipment finance business. 

Innovation Finance, founded this year, has its headquarters in Fairport, N.Y.

Read the Featured Article: Innovation Finance USA – Starting with a Clean Slate

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