Quality Equipment Finance, the wholly independent, small-ticket commercial equipment finance company, experienced dramatic growth of 33% in origination volume year over year. Closed transactions totaled more than $125 million and were 99% sourced through third-party originators.
“We maintained focus on technological advancements, product and process improvements and an enhanced customer experience—driving a year of strong results,“ said Quality’s managing director, G. Paul Fogle, CLFP. Fogle added, “In 2022, Quality added industry veterans to an already outstanding team. In addition, the strategic investments Quality made this past year, including our rebranding, renewed marketing focus, expansion of product offerings and simplified processes provided a stable foundation for sustainable long-term growth while enhancing our current agility and relevance with originators and borrowers.”
The Quality Equipment Finance team is confident in the company’s ability to successfully navigate the challenges of today’s uncertain economic environment. As a wholly independent finance company, Quality touts their ability to remain nimble and continue investing in the success of small businesses by providing fast and fair equipment financing through all economic cycles.
Quality’s new VP of Sales, Stephanie Hall, CLFP, noted, “Our veteran sales team is focusing on the fundamentals in 2023. With a passionate commitment to clients and customers, our growth targets are bolder than ever and Quality is positioned to deliver another year of strong performance. We have a solid foundation, will continue to capitalize on new opportunities and remain focused on the goals, strategies and values that have made us so successful for the past 65 years.”
Comments