Financial Partners Group Reports 33% YoY Growth and 59% Increase In Its Workforce In 2022
Financial Partners Group (FPG), one of the country’s most experienced and diverse commercial equipment leasing sources, celebrated another year of record growth and expansion, closing FY22 with $490MM in origination volume.
FPG’s maturity in core markets, expansion in new segments, and focus on growth teams drove the double-digital increase in volume and workforce.
“I’m constantly in awe of this team’s achievements and what they have done and continue to do to make FPG the company it is on an everyday basis, said Jeff LaLima, CEO, FPG. We’re well positioned to build on what we did last year. Navigating industry disruption, economic, and political headwinds will always be a focus. Given the vast array of partnerships across our network though – we’re uniquely situated to better support customers and vendors through the disruption. Couple that with a few new paths to market for the company, we’re excited about what’s ahead.”
“The impact of our hard asset and client development teams was a significant piece of last year’s growth, said Josh Mabee, COO, FPG. The Hard Assets team saw 81% growth YoY, while Client Development really hit stride in the second half of the year, closing out Q4 with a 96% QoQ increase in total volume.”
“Twenty-two was a historic year for the team, said FPG, EVP, Rob Noble. We’ll continue to broaden financing capabilities, stay focused internally with a continued emphasis on team support, and double down on creating better experiences for everyone – customers, lender, and vendor partners alike.
Read the full article at Monitor Daily