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Summit Funding Group Expands Division with Two Industry Veterans

March 20, 2019, 07:05 AM

Summit Funding Group, one of the largest independent equipment lessors in the U.S., has continued its companywide growth initiative through bolstering its Construction and Material Handling division with the addition of two sales managers.

In their new roles, industry veterans Scott Morrish and Jason Bovard will manage account sales and relationships with vendor and OEM partners across the United States.

The additions of Morrish and Bovard come on the heels of the appointment of Michael J. Fitzsimmons as General Manager of Summit's Construction and Material Handling Division in July of last year.

"We are delighted to welcome Mr. Morrish and Mr. Bovard, two seasoned and dedicated equipment financing and leasing professionals, to our growing team," Fitzsimmons said. "Their expert knowledge of the construction and material handling space, as well as respective experience and relationships within the industry, will further deepen the value of the services we offer and expand our Client-focused capabilities."

Morrish joins Summit with 20 years of experience in the equipment leasing and financing industry, including structuring client requests ranging from $1 million to $25 million and extensive hands-on business development. He most recently served as a Vice President and Regional Sales Manager at Sumitomo Mitsui Finance & Leasing.

"Throughout my decades in the equipment financing and leasing industry, I've known Summit to have a highly respected reputation as one of the foremost experts in the equipment leasing space," Morrish said. "I'm looking forward to drawing on my past experience to create synergistic results alongside our passionate team."

Bovard has over 10 years of experience in the construction and material handling industry. He previously served as Vice President and Senior Account Executive PNC Equipment Finance, working with manufacturers, dealers and distributors. In that role, he further partnered with senior-level OEM executives to build leasing programs to help increase sales.

"Taking this opportunity to join a firm with deep industry connections and a consistent dedication to optimizing and expanding its client offerings and services was an obvious choice," noted Bovard. "I look forward to taking on this active role on this exceptional team, which feels like a natural progression in my career."

Founded in 1993 and led by President and CEO Richard L. Ross, Summit Funding Group is comprised of Middle Market Finance, Material Handling, Vendor Finance, Capital Markets and Enterprise Finance divisions. The firm serves a diverse range of industries including construction, technology, healthcare, manufacturing, aerospace and others.

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