A direct lender is a financial institution or company that provides loans or financing directly to customers without involving intermediaries such as brokers, agents, or third-party institutions. Direct lenders use their own funds to lend to borrowers, which means they make the lending decisions internally and manage the loan process from application to approval and funding.  AP Equipment Financing is a direct lender and subsidiary of the Tokyo Century Corporation – one of the largest independent financing companies in the world. When you choose to finance your equipment with AP, you are ..read more

BEND, OR. – AP Equipment Financing has increased Q1 2024 funding volume by 16.3%, compared to Q1 in 2023. AP is projecting success in 2024 driven by industry expansions and targeted origination strategies. AP recently onboarded Mike Snyder as Senior Director of Business Development in the new Fleet & Mobility Division and John Pratt as SVP of Business Development, Specialty Vehicle division. Mike Snyder brings his 30 years of experience to help expand AP’s presence in Fleet & Mobility by building and fostering strategic relationships and implementing innovative fleet solutions for ..read more

We hope to see you at an upcoming event this year! Below is our 2024 calendar of events that we are exhibiting at or walking as an attendee, if you’re attending one of these events let us know – we would love to meet you in person. March 2024 March 2024 March 2024 3/19/2024 – 3/21/2024 Underground Infrastructure Conference Show Info 3/25/2024 – 3/27/2024 World of Asphalt Show Info 3/27/2024 – 3/28/2024 ArborEXPO Visit us at Booth #836 Show Info April 2024 May 2024 June 2024 4/18/2024- 4/20/2024 Florida Tow Show Visit us at Booth 340 Show Info 5/1/2024 & 5/2/20 ..read more

Today, March 14, marks the ELFF Day of Giving, an opportunity to support the Equipment Leasing & Finance Foundation (ELFF), a 501c3 Non-Profit established 35 years ago by the ELFA. AP Equipment Financing has several employees involved in the ELFF: Zack Marsh, CLFP – Board of Trustees Chair Chris Enbom, CLFP – Research Committee & Former Trustee Nick Fong, CLFP – Branding & Engagement Committee About ELFF The ELFF plays a vital role in advancing the equipment finance sector through industry-specific knowledge, intelligence, and programs, offering free studies, internships, and Cam ..read more

BEND, OR. – AP Equipment Financing proudly welcomes Alex Coveney as the Executive Vice President of the newly established Fleet & Mobility Division. In addition to being tasked with developing value-added services throughout AP’s portfolio, the division will also explore untapped segments for new growth opportunities.   Alex Coveney comes to AP with over 25 years of professional experience in building strategies, program development, and management, with 22 of those years in the rental and leasing industry. After his first 19 years of business development at a global rental and l ..read more

Bend, OR – AP Equipment Financing, a leading name in equipment financing, is proud to announce a new expansion initiative designed to diversify and nurture their growing portfolio. In 2024, AP is placing a focus on expanding its towing and construction verticals with a concentrated effort on strengthening vendor, dealer, and manufacturer relationships. As part of this expansion, AP brought onboard four industry experts spearheading these initiatives. Ryan Whitehead, with over 18 years of experience in equipment finance, brings an extensive background in the towing sector. Leading AP’s initiati ..read more

In a continued spirit of generosity, AP Equipment Financing rallied its employees to vote for their preferred charity to support this past year.  We proudly backed 12 diverse nonprofits, each dedicated to making a positive impact in the community and supporting a fundamental need. We’re excited to announce the selected charities and share the unique benefits each one brings. Seattle Children’s Hospital “We fight relentlessly to make sure there’s no such thing as “out of options” and to make sure kids who “didn’t have a chance” can have the childhoods they deserve. At Seattle Children’s ..read more

With the start of the new year, it is extremely important that you take action and set your business up for success in 2024. For many industries, staying competitive and efficient relies heavily on having the right equipment. Whether you’re considering upgrading your machinery, expanding your fleet, or investing in the latest equipment, now is the time to plan for success. At AP Equipment Financing, we understand the importance of strategic equipment acquisition, and we’re here to guide you through the process.  Planning with Your Account Manager  One of the first steps toward succes ..read more

Tow Show Crunch Time In the realm of financing heavy equipment and vehicles, AP Equipment Financing takes pride in enabling dreams and supporting businesses in their pursuit of growth. Today, we’re excited to share two remarkable customer success stories that highlight the dedication and commitment of our team.   Our Vendor Program Manager, Galan Carter, recently had the privilege of assisting Doug Smith from Smith’s Towing in Lawrenceburg, KY. Doug’s dream was to acquire a 2024 Peterbilt 389 with a Century 1150 Rotator through Crouch Tow Trucks.  However, the journey to Doug’s ..read more

Your credit score is like a financial report card, and it plays a pivotal role in your financial life. When you’re applying for financing equipment, your credit score can significantly impact the outcome. It’s essential to keep a close eye on your credit score and protect it from potential fraud. This is where Check & Protect comes into play. In this blog, we’ll guide you through the process of signing up with credit bureaus to check your credit score and explain how to freeze your credit to safeguard your financial future. It’s worth noting that credit freezes are particularly useful for ..read more