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News Stories (16 Results) - Chris Lerma

AP Equipment Financing has increased Q1 2024 funding volume by 16.3 percent, compared to Q1 in 2023. AP is projecting success in 2024 driven by industry expansions and targeted origination strategies. AP recently onboarded Mike Snyder as Senior... Read Story
April 08, 2024, 07:23 AM

AP Equipment Financing announced the addition of Alex Coveney as Executive Vice President of the newly established Fleet & Mobility Division. In addition to being tasked with developing value-added services throughout AP’s portfolio, the division... Read Story
February 05, 2024, 07:23 AM

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... Read Story
January 31, 2024, 07:23 AM

AP Equipment Financing, a provider of specialized equipment financing, announced the expansion of its management teams with the appointment of four highly skilled and accomplished women.Jenifer Santoro was hired as the Senior Vice President of... Read Story
May 26, 2023, 07:23 AM

AP Equipment Financing has hired Zack Marsh, CLFP, as Senior Vice President of Accounting and Analysis. In this role, Marsh will be responsible for managing the accounting and treasury operations of the organization including financial analysis... Read Story
February 06, 2023, 07:20 AM

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new... Read Story
January 25, 2023, 07:22 AM

AP Equipment Financing announced the company funded a record $327 million in 2022, representing a 38 percent year-over-year growth. This achievement is a result of the company's continued focus on its strategic plan to advance technologies, develop... Read Story
January 12, 2023, 07:23 AM

The Equipment Leasing & Finance Foundation (the Foundation) released the November 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and... Read Story
November 17, 2022, 07:25 AM

AP Equipment Financing was awarded “The Oregonian: 2022 Regional Top Workplace Award” and funded a record-breaking $92.5 million in the third quarter, a 46 percent year-over-year increase from Q3 2021."Over the past year, we have made strategic... Read Story
October 05, 2022, 07:20 AM

AP Equipment Financing expanded its current product offerings to include a wholesale flooring finance product for vendor and manufacturer partners and hired Mike Bransdorf to lead the program.“I am extremely excited to join the team at AP Equipment... Read Story
August 15, 2022, 07:20 AM

AP Equipment Financing funded $78.8 Million in Q2 2022, a 68 percent year-over-year increase from Q2 2021.In the month of June alone, AP posted a funding volume of $29.1 million. With continued momentum, AP is projecting another record-breaking year... Read Story
July 12, 2022, 07:21 AM

AP Equipment Financing funded a record $63.5 million in Q1, 50 percent year-over-year increase from Q1 2021. AP funded 906 transactions in Q1 2022, with an average transaction size of $70,040. “Our continued focus on providing superior personalized... Read Story
April 12, 2022, 07:23 AM

AP Equipment Financing funded a record $239 million in 2021, a 22 percent growth over 2020. AP’s growth came despite supply chain issues and equipment shortages that affected its vendors customers in 2021.AP Equipment Financing President Chris Lerma... Read Story
January 05, 2022, 07:30 AM

AP Equipment Financing announced a record-breaking quarter of funding volume in Q3 2021, funding a total of $64 million compared to $40.8 million in Q3 2020, representing a 57 percent growth. AP is excited to carry this momentum into Q4 and finish... Read Story
October 13, 2021, 07:21 AM

AP Equipment Financing hired Brian Smith as Senior Vice President of Risk. With over 25 years of experience in various credit and syndication roles in the equipment finance industry, Smith will be responsible for growing AP's funding channels and... Read Story
August 19, 2021, 07:00 AM

AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17 percent growth over 2019. AP is proud of this growth during this challenging year and looks forward to 2021 to continue their momentum. Additionally, AP... Read Story
January 06, 2021, 07:25 AM