Western Equipment Finance Ranked In Top 100 Equipment Finance Companies in the U.S. in 2020

Devils Lake, ND – Western Equipment Finance was recently ranked the 72nd largest equipment finance company in the United States by the Monitor. In the same report, Western Equipment Finance was ranked the 66th top equipment finance company by new business volume. In the previous report, Western Equipment Finance was ranked at 79th and 68th place respectively.

The Monitor is a primary publication for the equipment finance industry. Its annual report analyzes equipment finance company performance in the previous year.

Western Equipment Finance was also ranked 17th in The Monitor’s Top 40: Vendor Channel New Business Volume Leaders, improving from 22nd in the previous year’s list. In The Monitor’s report for the Top 50 Bank Finance/Leasing Companies in the U.S., Western Equipment Finance was ranked 45th by assets and 40th by volume, improving from 49th and 44th respectively.

“Western Equipment Finance continues to move up on The Monitor’s ‘Top 100’ list,” Laurie Bakke, President of Western Equipment Finance, said. “The most important initiative for us has been maintaining our culture. It has always been our No. 1 priority.”