Western Equipment Finance Ranked In Top 100 Equipment Finance Companies in the U.S.
Devils Lake, ND – Western Equipment Finance was recently ranked the 78th largest equipment finance company in the United States by the Monitor. Western ranked 79th in last year’s report. In the same report, Western Equipment Finance was ranked the 65th top equipment finance company by new business volume, up from 69th in the 2018 report.
The Monitor is a primary publication for the equipment finance industry. Its annual “Top 100 Equipment Finance Companies in the United States” report analyzes equipment finance company performance in the previous year. The 2019 report shows that Western Equipment Finance increased its portfolio from $312.3MM in 2017 to $376.5MM at the end of 2018. For new business originations, it increased from $249.2MM in 2017 to $295.2MM by the end of 2018.
“Our enduring improvements on the Monitor’s ‘Top 100’ list is something we can all be proud of,” Laurie Bakke, President of Western Equipment Finance said. “To even place on this list would be an accomplishment, but our continued growth is the result of a lot of hard work by a lot of great people here at Western.”
Western Equipment Finance is a full-service commercial equipment finance company that offers both conventional financing and lease options. Western provides financing throughout the United States and is headquartered in Devils Lake, ND.
For more information, contact:
Chad Palmer, Vice President of Sales & Marketing