Expanding Fleet & Mobility AP Equipment Financing has recently hired Alex Coveney to lead its newly established fleet and mobility division, indicating a strategic focus on these verticals which present growth and cross-selling opportunities for suppliers and manufacturers targeting transportation and equipment sectors.

Strategic Expansion Plans The company has launched an aggressive expansion plan for 2024, especially focusing on towing and construction markets, creating opportunities for vendors and partners seeking financing solutions in these high-demand industries.

Strong Financial Backing With a recent $200 million credit facility from Wells Fargo, AP Equipment Financing is well-capitalized to fund larger deals and grow its market share, opening doors for dealers and vendors to increase sales by offering tailored financing solutions.

Industry Recognition & Growth Awarded the 2022 Regional Top Workplace Award and reporting a record-breaking $92.5 million funded in Q3 2022, the company's reputation and demonstrated growth potential make it an attractive partner for manufacturers and equipment suppliers looking for reliable financing channels.

Digital and Partnership Focus AP Equipment Financing’s use of advanced technology and strategic partnerships, like with Rushfinancing, positions it as a forward-thinking financial partner, providing opportunities for vendors interested in collaborating through vendor-financing programs and innovative lease offerings.