All posts in “Amur Finance Company”

Amur Equipment Finance’s Mike Coon Elected to NEFA President and Chairman of the Board of Directors

FOR IMMEDIATE RELEASE:

White Plains, NY — November 6th, 2017 –Amur Equipment Finance (AmurEF), a 2016 Top Ten independent equipment finance company, today announced that AmurEF’s Vice President of Syndications, Mike Coon, has been elected to the position of President and Chairman of the Board of Directors of the National Equipment Finance Association (NEFA). Mike previously served as Vice President of the NEFA Executive Committee.

“I am honored and privileged to have the opportunity to serve as NEFA’s President and Chairman,” said Mike Coon. “I look forward to working with the Board of Directors, the Executive Committee, Gerry Egan and the entire membership as we continue our impressive momentum as a first-class industry association.”

Mike will serve in this position for the remainder of 2017 and 2018.

“I was very pleased when the NEFA Membership elected Mike Coon as President and Chairman of the Board,” said Gerry Egan, NEFA Executive Director & CEO. “Having been on the Board and Executive Committee in recent years, Mike knows both the opportunities and challenges the association faces and has proven to be a focused and thoughtful advocate for NEFA. I’ve counted Mike as a friend for many years now and I look forward to working closely with him on the continued growth of NEFA.”

AmurEF currently employs over 120 professionals across the United States, with key management, credit processing, underwriting, servicing, and finance functions located in its headquarters in Grand Island, Nebraska. AmurEF also has additional offices in New York, Massachusetts, Pennsylvania, Texas, California and New Hampshire.

AmurEF directly serves business owners and channel vendor partners that service an array of equipment-intensive industries including: transportation, construction, commercial and industrial equipment, food service, packaging, and printing. The company offers customized finance programs, including some with same-day credit decisions and funding for its business customers and vendor partners. With a dedicated support team on staff, AmurEF handles equipment financing needs ranging from as little as $10,000 to over $2 million.

About Amur Equipment Finance, Inc.

Founded in 1996, Amur Equipment Finance (AmurEF) is a nationally ranked 2016 independent equipment finance provider and Top Twenty vendor channel origination company, dedicated to ensuring that its customers and employees around the nation are equipped to grow and succeed. AmurEF offers customized capital financing programs that draw on its uniquely expansive expertise in the world’s most essential industries – from transportation and technology to manufacturing and medicine – to support its network of over 15,000 vendors and other partners. AmurEF is a subsidiary of New York-based Amur Finance Company, a global diversified holding company with over $800M in assets.

For more information about Amur Equipment Finance, Inc. visit www.amurEF.com

About National Equipment Finance Association

The National Equipment Finance Association (NEFA) is a national association serving small to mid-sized independent equipment finance companies, lessors and brokers. NEFA is a strong association offering enhanced educational programs and premium networking opportunities with broad geographic and industry segment diversity. The mission of NEFA is to provide a forum for members to pursue personal and professional growth and promote ethical business practices through advocacy, networking and industry involvement.

For more information, visit www.NEFAssociation.org or call 847-380-5050

Media Contacts:

Jacklynn Manning

Marketing Director, Amur

+1 (800) 994-0016 x 1634

JManning@amuref.com

 

Amur Foundation Contributes to Puerto Rico Disaster Relief Efforts

FOR IMMEDIATE RELEASE:

White Plains, NY — October 19th, 2017 –The Amur Foundation (Amur), the nonprofit public charity arm of the Amur Companies, including Amur Finance Company, Inc., and Amur Equipment Finance, is providing logistical support to the disaster relief efforts for Puerto Rico. Working with New York City-based City Harvest, the world’s first food rescue organization, and Feeding America, the nationwide network of food banks, Amur transported over 82,000 pounds of donated food, water, daily hygiene essentials, diapers, and supplies by freight trucks to Miami. These essential supplies were then airlifted by a 767 cargo aircraft, chartered by Amur to Aguadilla, on the west side of the island of Puerto Rico.

Puerto Rico Food Bank, part of the Feeding America network of food banks, is now assisting in the distribution of those supplies to those in greatest need.

“We are truly saddened to see the widespread destruction and continued difficulties facing our neighbors in Puerto Rico because of Hurricane Maria,” said Mostafiz ShahMohammed, President of Amur Foundation and CEO of all Amur Companies. “At the same time, we are grateful that through the Amur Foundation we have the ability to donate heavy transportation assets to assist our partners and have so many thoughtful volunteers that are making an immediate and positive difference in the daily lives of Puerto Ricans.”

Keiko Niccolini, Managing Director of The Puerto Rico Project at the Amur Foundation said, “Puerto Ricans have a critical and on-going need for food, water and essentials as they work to return their lives to normal. With the gracious donations from our fellow citizens, our goal is to continue to assist by transporting the much-needed goods to Puerto Rico.”

To help streamline and accelerate relief efforts, the Amur Foundation is currently accepting donations at http://go.amurfinance.com/puertorico so that additional transportation assets may be provided. Additional ways to support hurricane relief efforts can be found at https://www.cityharvest.org/relief/.

Please consider helping our fellow citizens and our combined efforts by donating today!

About the Amur Foundation

The Amur Foundation is a nonprofit public charity that engages in charitable endeavors in the United States and abroad to strengthen disaster relief, provide scholarships to support education in developing countries, enable active citizen engagement in communities through volunteerism, and support environmental conservation, in support of the Amur Foundation mission.

For more information, visit www.amurfoundation.org

For more information about Amur Finance Company, visit www.amurfinance.com

For more information about Amur Equipment Finance, visit www.amurEF.com

About City Harvest

City Harvest pioneered food rescue in 1982 and, this year, will collect 59 million pounds of excess food to help feed the nearly 1.3 million New Yorkers struggling to put meals on their tables.  Through relationships with farms, grocers, restaurants, and manufacturers, City Harvest collects nutritious food that would otherwise go to waste and delivers it free of charge to 500 soup kitchens, food pantries and other community food programs across the five boroughs.  In addition, our Healthy Neighborhoods initiative addresses long term food insecurity through community partnerships that work to increase access to affordable and wholesome food.  To learn more about food rescue, Healthy Neighborhoods and fighting hunger in New York City, visit cityharvest.org.

About Feeding America

Feeding America is the nationwide network of 200 food banks that leads the fight against hunger in the United States. Together, we provide food to more than 46 million people through 60,000 food pantries and meal programs in communities across America. Feeding America also supports programs that improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Individuals, charities, businesses and government all have a role in ending hunger.

As part of Feeding America’s network of food banks, Puerto Rico Food Bank helps 78 municipalities in Puerto Rico, acquiring and distributing more than 4 million pounds of food and grocery products annually. Last year, Puerto Rico Food Bank distributed food and grocery products to more than 110,000 people in need facing hunger in Puerto Rico.

Donate. Volunteer. Advocate. Educate. Together we can solve hunger. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.

 

Media Contacts:

Jacklynn Manning

Marketing Director, Amur

+1 (800) 994-0016 x 1634

JManning@amuref.com

 

Cara Taback

Director of Communications, City Harvest

+1 (646) 412-0645

CTaback@cityharvest.org

 

Zuani Villarreal

Director of Communication, Feeding America

+1 (312) 641-6532

ZVillarreal@feedingamerica.org

 

Amur Equipment Finance Opens New Hampshire Office

FOR IMMEDIATE RELEASE:

GRAND ISLAND, NE — September 18th, 2017 — Amur Equipment Finance (AmurEF), a 2016 Top Ten independent equipment finance company, today officially opened a new office in Dover, New Hampshire as part of the Company’s nation-wide expansion. Jason Durgin, Vice President of Sales, will oversee the office with Dan Marquette, Team Sales Manager. The new regional office will enhance existing customer relationships nationally, and serve new customers in the local marketplace.

The Dover office supports AmurEF’s overall national expansion strategy, and is the third AmurEF office opened in the past year, following AmurEF’s earlier expansion into Dallas and Philadelphia.

“The New Hampshire office reinforces our commitment to provide excellent customer service, and is the natural next step as we continue to mature our customer base,” stated Michael Karman, AmurEF Co-President and Chief Commercial Officer. “As our customer base continues to thrive with the growing economy, our customers require more equipment. The New Hampshire office will ensure that the loyalty of our existing customers is rewarded with the best possible service.”

AmurEF directly serves business owners and vendor partners that service an array of equipment-intensive industries including: transportation, construction, commercial and industrial equipment, food service, packaging, and printing. The Company offers customized finance programs, including some with same-day credit decisions and funding for its business customers and vendor partners. With a dedicated support team on staff, AmurEF handles equipment financing needs ranging from as little as $10,000 to over $2

AmurEF employs over 120 professionals across the United States, with key management, credit processing, underwriting, servicing, and finance functions located in its headquarters in Grand Island, Nebraska. AmurEF also has additional offices in New York, Massachusetts, Pennsylvania, Texas, and California.

About Amur Equipment Finance

Founded in 1996, Amur Equipment Finance (AmurEF) is a nationally ranked 2016 independent equipment finance provider and Top Twenty vendor channel origination company, dedicated to ensuring that its customers and employees around the nation are equipped to grow and succeed. AmurEF offers customized capital financing programs that draw on its uniquely expansive expertise in the world’s most essential industries – from transportation and technology to manufacturing and medicine – to support its network of over 15,000 vendors and other partners. AmurEF is a subsidiary of New York-based Amur Finance Company, a global diversified holding company with over $800M in assets.

For more information, visit amuref.com.

Media Contact:

Jacklynn Manning

Marketing Director

Amur Equipment Finance

+1 (800) 994-0016 x266

JManning@amuref.com

Amur Equipment Finance Enters into $75MM Warehouse Credit Facility with Pioneers Gates LLC

FOR IMMEDIATE RELEASE:

GRAND ISLAND, NE — August 17th, 2017 –Amur Equipment Finance (AmurEF), a 2016 Top Ten independent equipment finance company, announced the company has entered into a new $75 million warehouse credit facility with Pioneers Gates LLC. AmurEF worked directly with Pioneers Gates, retaining no outside structuring agent for the agreement.

“Establishing this new warehouse facility, while simultaneously renewing our existing KeyBank’s warehouse facility, is a testament to the strength of our overall business,” said Kalyan Makam, Amur Finance Company EVP and Head of Capital Markets and AmurEF board member.

“Pioneers Gates has been very responsive and we are delighted to enter into a new business relationship with a premier funding partner,” stated Shauna Heckathorn, AmurEF Chief Financial Officer. “In support of our long-term plan for business growth, the new warehouse facility allows us to diversify our current funding base, and augments our company’s growing origination needs.”

AmurEF directly serves business owners and channel vendor partners that service an array of equipment-intensive industries including: transportation, construction, commercial and industrial equipment, food service, packaging, and printing. The company offers customized finance programs, including some with same-day credit decisions and funding for its business customers and vendor partners. With a dedicated support team on staff, AmurEF handles equipment financing needs ranging from as little as $10,000 to over $2 million.

AmurEF currently employs over 120 professionals across the United States, with key management, credit processing, underwriting, servicing, and finance functions located in its headquarters in Grand Island, Nebraska. AmurEF also has additional offices in New York, Massachusetts, Pennsylvania, Texas, and California.

About Amur Equipment Finance

Founded in 1996, Amur Equipment Finance (AmurEF) is a nationally ranked 2016 independent equipment finance provider and Top Twenty vendor channel origination company, dedicated to ensuring that its customers and employees around the nation are equipped to grow and succeed. AmurEF offers customized capital financing programs that draw on its uniquely expansive expertise in the world’s most essential industries – from transportation and technology to manufacturing and medicine – to support its network of over 15,000 vendors and other partners. AmurEF is a subsidiary of New York-based Amur Finance Company, a global diversified holding company with over $800M in assets.

For more information, visit amuref.com.

Media Contact:

Jacklynn Manning

Marketing Director

Amur Equipment Finance

+1 (800) 994-0016 x266

JManning@amuref.com

Amur Equipment Finance Promotes Michael P. Karman to Co-President

FOR IMMEDIATE RELEASE:

GRAND ISLAND, NE — August 10th, 2017 — Amur Equipment Finance (AmurEF), a 2016 Top Ten independent equipment finance company, announced today the promotion of Michael P. Karman to Co-President. Michael will be working alongside Andrea Zana, AmurEF’s Co-President and Chief Risk Officer. In addition to his new responsibilities, Michael will retain his current position of Chief Commercial Officer. Malia K. Du Mont, former Co-President and Chief Operating Officer is stepping down to pursue other opportunities in academia, but will remain an advisor to AmurEF.

“Malia truly has been instrumental in leading our company’s transformation and growth for the last two years,” said Mostafiz ShahMohammed, AmurEF’s Chairman and CEO. “Additionally, we are delighted that Michael has accepted his new role. As a highly respected industry veteran, Michael is a natural fit for the position and we are confident he will continue to build upon the significant work that has already been accomplished.”

Michael joined AmurEF in 2014, initially as President of Eastern Region Sales and then Chief Commercial Officer.

“I am honored to accept this new role with AmurEF and look forward to further strengthening our sustainable and scalable model for business growth,” said Michael Karman. “Regarding Malia, I believe I speak for everyone at AmurEF, when I say it has been a pleasure to work with such a talented and exceptional person and we are delighted she will remain connected with all of us through her advisory position.”

Additionally, James Truran, Amur Finance Company’s current Vice President of Strategic Planning, will assume the role of Chief Operating Officer at AmurEF. James began working with Amur Finance Company and its subsidiaries in 2016 as a strategy and operational efficiency consultant. Prior to Amur, James worked in the Pentagon as the United Kingdom’s Exchange Officer to the Office of the Secretary of Defense.

AmurEF currently employs over 120 professionals across the United States, with key management, credit processing, underwriting, servicing, and finance functions located in its headquarters in Grand Island, Nebraska. AmurEF also has additional offices in New York, Massachusetts, Pennsylvania, Texas, and California.

AmurEF directly serves business owners and channel vendor partners that service an array of equipment-intensive industries including: transportation, construction, commercial and industrial equipment, food service, packaging, and printing. The company offers customized finance programs, including some with same-day credit decisions and funding for its business customers and vendor partners. With a dedicated support team on staff, AmurEF handles equipment financing needs ranging from as little as $10,000 to over $2 million.

About Amur Equipment Finance

Founded in 1996, Amur Equipment Finance (AmurEF) is a nationally ranked 2016 independent equipment finance provider and Top Twenty vendor channel origination company, dedicated to ensuring that its customers and employees around the nation are equipped to grow and succeed. AmurEF offers customized capital financing programs that draw on its uniquely expansive expertise in the world’s most essential industries – from transportation and technology to manufacturing and medicine – to support its network of over 15,000 vendors and other partners. AmurEF is a subsidiary of New York-based Amur Finance Company, a global diversified holding company with over $800M in assets.

For more information, visit amuref.com.

Media Contact:

Jacklynn Manning

Marketing Director

Amur Equipment Finance

+1 (800) 994-0016 x266

JManning@amuref.com

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