Celebrating AP’s 2025 Growth and Achievements
BEND, OR. – AP Equipment Financing, a leader in equipment leasing and financing solutions, reflects on 2025 growth and expansion, celebrating both organizational milestones and the recognition of remarkable leaders within its team. AP built off 2024 successes with continued increase in originations volume and reached a major company milestone of surpassing the $1 billion threshold in receivable value for its managed portfolio.
Celebrating AP Fleet Management Division Growth
2025 saw explosive growth in AP’s Fleet Management Division and included many milestones during the first full year of service for the fleet division. AP Fleet increased their nation-wide fleet vehicle rental program and expanded its national footprint by opening a Minnesota office, the first step in broader operational expansion plans across the U.S. for 2026.
Looking ahead to 2026, AP Fleet Management is focused on accelerating nationwide growth, expanding its fleet offerings, and continuing to invest in technology, talent, and strategic partnerships. The company plans to enter new markets, scale rental and leasing programs across key industries, and further enhance the customer experience through smarter, more flexible fleet solutions.
Learn More about AP Fleet Management
Honoring AP Culture
AP Equipment Financing was featured as one of the Best Companies in Equipment Finance, Culture Category by Monitor magazine. This recognition highlights the exceptional company culture fostered at AP Equipment Financing that has been instrumental in driving its success.
Learn more about AP’s award winning culture here
“This recognition is a reflection of the culture we’ve intentionally built – one that fosters professionalism, open communication, autonomy, and a shared sense of ownership. We believe our best ideas come from empowering people to make decisions, take the initiative, and lead in their own ways.” – Chris Lerma, CLFP, President of AP Equipment Financing.
What to look forward to in 2026 and Beyond
“It was a very successful year for AP, we were able to achieve record profits, and we have the foundation for an even stronger 2026!” states President Chris Lerma, CLFP.
CEO of AP, Chris Enbom, CLFP elaborates, “2026 is going to focus on the entirety of the product solutions and services that AP has to offer, not just finance related solutions. We are strategizing on how we can integrate our various divisions at AP, from flooring, vendor programs to fleet services, and offer a more complete ecosystem of services to our growing customer base. These are exciting opportunities and AP is looking forward to continuing the success we’ve seen in our multiple divisions and evolving them into a more multi-product business solution in the very near future.”
About AP Equipment Financing:
Founded in 1998 and based in Bend, Oregon, AP Equipment Financing is a subsidiary of Tokyo Century (USA) Inc., the U.S. subsidiary of Tokyo Century Corporation. Tokyo Century Corporation, headquartered in Tokyo, has 7,800 employees, and offers specialty leasing and other high value-added financial services in more than 30 countries. AP Fleet Management is a division of AP Equipment Financing.
AP Equipment Financing is renowned for its reliability, consistently delivering innovative financial services and comprehensive expertise to ensure customer satisfaction. The affiliation with Tokyo Century Corporation grants AP the financial strength and resources of a large organization, while enabling them to uphold the swift and personalized service characteristic of an agile independent enterprise.