Financial Partners Group Posts Record Month with September Funding Volume of $22MM
Financial Partners Group announced September’s funding volume of $22 million representing 97 percent growth for September year over year — the highest origination month in the company’s history.
“The company restructure and additions to sales/operations have made an immediate impact. We knew it would be a success, but we didn’t think it would happen as quickly as it has given the uncertainty in today’s market,” said CEO Jeff LaLima.
“We are proud of our origination number and growth which reflects a commitment to our loyal vendor relationships as well as our expansion into additional verticals, particularly hard assets,” Chief Operating Officer Josh Mabee added.
Executive Vice President Rob Noble said; “We couldn’t be more pleased with our quarter end results particularly in September, and the contributions made by every employee as we continue to build the new FPG brand.”
FPG partnered with reputable New Jersey-based Ad Agency Splendor Design Group in August to help with the rebrand, and will be launching a new website and vendor/user-friendly platform to assist in streamlining sales processes before year’s end.
Established in 2004, Financial Partners Group is an equipment finance company that delivers financial solutions for small-to-medium sized businesses and equipment manufacturers and distributors. Since its founding, it has provided more than $1.25 billion in equipment and vendor financing. The company is headquartered in Red Bank, NJ and operates offices in South Carolina, California, Massachusetts, Minnesota, Connecticut and New Hampshire.
This article has been provided by Equipment Finance Advisor.