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FOR IMMEDIATE RELEASE
Marquette Equipment Finance Launches
Vendor Services Group
Group will expand relationship-based approach to equipment suppliers
SALT LAKE CITY, Ut. – (December 3,2007) – Marquette Equipment Finance, a premier bank-owned equipment finance company that provides funding for complex projects and unique collateral, today announced the creation of a Vendor Services Group.
Ron Smith, who has over 18 years of experience in both the vendor and captive leasing environments, has joined Marquette Equipment Finance to lead the new initiative.
Prior to joining Marquette, Mr. Smith was employed by Key Equipment Finance, IFC Credit Corporation, and GE Capital in various business development and managerial roles.
“All of us at MEF are pleased to welcome Ron to our senior management team,” said Dave DiCesaris, CEO of Marquette Equipment Finance. “While he brings a significant amount of indirect origination experience, I have been most impressed with Ron’s ability to integrate into our legacy driven, relationship based culture.”
Mr. DiCesaris said that the decision to launch an indirect origination group is part of MEF’s overall strategy to expand its footprint with both organic and selectively acquired growth.
The Chicago-based Vendor Services Group can be contacted at (630) 928-3746.
About Marquette Financial Companies
Marquette Equipment Finance is a relationship-based finance and lease company experienced in providing smart lease structures for complex customer needs and unique equipment. Marquette Equipment Finance is a subsidiary of Meridian Bank, N.A., and is part of the Marquette Financial Companies, a privately held organization with assets in excess of $2.4 billion and equity capital in excess of $400 million. For more information, visit www.marquetteeqfinance.com.
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