Meet the Leaders of AP Equipment Financing
Chris Lerma I’m the president of AP. I was promoted to president at the beginning of 2021, and previously, I was the chief risk officer and chief credit officer. I rose through the ranks of the company on the…
AP Equipment Financing Donates to 16 Local and National Charities
BEND, OR. – Every year, AP Equipment Financing encourages team members to nominate their favorite charity for a charitable donation. AP wanted to give back to organizations that their employees hold near and dear to their hearts, whether it is…
AP Equipment Financing 2021 Originations Up 22%
BEND, OR. – AP Equipment Financing funded a record $239 million in 2021, a 22% growth over 2020. AP’s growth came despite supply chain issues and equipment shortages that affected its vendors customers in 2021. President of AP, Chris Lerma,…
Putting the Community and the Earth First
AP puts the Community and the Earth First Since 1998, AP Equipment Financing has been providing financing for businesses to acquire the equipment they need to serve their clients in an efficient and environmentally-friendly manner. But who are the people…
AP Equipment Financing Funds Record-Breaking $64MM in Q3 2021, 57% Growth
AP Equipment Financing is excited to announce a record-breaking quarter of funding volume in Q3 2021, funding a total of $64MM compared to $40.8MM in Q3 2020, representing a 57% growth. AP is excited to carry this momentum into Q4…
AP Equipment Financing Hires Brian Smith as Senior Vice-President of Risk
AP Equipment Financing has 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, Mr. Smith will be responsible for growing AP’s funding channels…
Tokyo Century (USA) Inc. Appoints Chris Enbom, CLFP as CEO
Tokyo Century (USA) Inc., a wholly-owned subsidiary of Tokyo Century Corporation, has appointed Chris Enbom, CLFP as Chief Executive Officer as of April 1, 2021. Mr. Enbom is currently CEO of AP Equipment Financing, which was acquired by Tokyo Century…
AP Equipment Financing 2020 Volume Up 17% and Announces 2021 Promotions
AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17% growth over 2019. AP is proud of this growth during this challenging year and looks forward to 2021 to continue their momentum. Additionally, AP Equipment Financing…
Why It’s Important for Your Finance Company to Have CLFP’s
A CLFP stands for a Certified Lease & Finance Professional, which is a designation specifically for equipment leasing and finance professionals. For someone to qualify for a CLFP, they must have three years of experience in the leasing world to…
The Power of Personal
Recently, we changed our look and branding, but we also introduced our new motto: The Power of Personal. While the concept itself is not new for our company, the official motto is. We wanted to clearly demonstrate to you and…
AP Equipment Financing Hires Alfred Steinhaus as Senior Vice-President of Development & Sales
AP Equipment Financing has hired Alfred (“Al”) E. Steinhaus as a Senior Vice-President of Development & Sales. Mr. Steinhaus has over 35 years of experience in banking and equipment finance at prominent finance companies including The Associates/Citicapital, F & M…
Welcome to the Power of Personal
We’re proud to be introducing AP Equipment Financing’s brand-new logo! Our new logo shows our progression, our roots in Bend, Oregon, and our modern approach to business. We wanted our logo to reflect our personality of being fast-paced, customer oriented,…