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News Stories (9 Results) - Merchants Bank Equipment Finance

During its annual shareholder meeting, Merchants Financial Group, Inc. (MFGI), reported strong 2020 earnings growth. MFGI formally reported net income of $21,511,521 for 2020, an 8.8 percent increase over 2019 earnings. The year’s results were... Read Story
April 12, 2021, 07:22 AM


The Equipment Leasing and Finance Association (ELFA) has recognized Merchants Bank Equipment Finance (MBEF) for 30 years of membership in the organization. “We are proud to be recognized for our 30 years of membership in ELFA, said Rick Barry... Read Story
April 06, 2021, 07:15 AM


From spreadsheets to the latest floorplan finance software: new technology has transformed service levels and increased customer demand at a Minnesota-based bank.Merchants Bank launched its digital floorplan strategy following a four-month program to... Read Story
August 01, 2019, 07:25 AM


Mark Jangula has joined Merchants Bank Equipment Finance (MBEF) as Vice President and Senior Regional Finance Manager, according to Rick Barry, President of MBEF.“Mark is a welcome addition to the Merchants team. He is an accomplished professional... Read Story
January 15, 2019, 07:19 AM


David Pierret has joined Merchants Bank as a Vice President/Commercial Banker, according to Randy Domeyer, Senior Vice President and Commercial Banking Manager for Merchants in Winona, MN.“Dave’s extensive experience in commercial lending and... Read Story
August 27, 2018, 07:25 AM


Commercial financing professional Paul Butze has been hired as Vice President and Senior Regional Vendor Finance Manager, said Rick Barry, President of Merchants Bank Equipment Finance (MBEF).Butze has been in the commercial financing and leasing... Read Story
May 31, 2018, 07:25 AM


Equipment financing leader Richard Barry has been named President at Merchants Bank Equipment Finance (MBEF), according to Rodney R. Nelson, CEO of Merchants Financial Group, Inc. (MFGI). Barry started November 14, allowing him time to work alongside... Read Story
November 21, 2016, 07:10 AM


Brad Brolsma, President of Merchants Bank Equipment Finance (MBEF), has announced his retirement effective December 31, 2016, according to Rodney R. Nelson, CEO of Merchants Financial Group, Inc.Brolsma has been president of Merchants Bank Equipment... Read Story
August 15, 2016, 07:17 AM


Merchants Capital Resources, Inc. has changed its name to Merchants Bank Equipment Finance as of January 1, according to President Bradley R. Brolsma.“Our new name better describes what we do best, and that is financing the equipment needs of our... Read Story
January 05, 2016, 07:10 AM