AP Equipment Financing finalized a $200 million credit facility from Wells Fargo. This strategic financial move comes as AP Equipment Financing is set to capitalize on increasing demand from customers and dealer partners alike.
“We are thrilled to continue our relationship with Wells Fargo with this $200 million credit facility. This increase in our lending capacity underscores our confidence in the resilience of the industries we serve and reaffirms our commitment to being a reliable financial resource, even in the current economic environment.” stated Zack Marsh, CLFP, SVP of Accounting at AP Equipment Financing.
AP Equipment Financing has consistently demonstrated its agility and adaptability in the face of economic fluctuations. The expanded credit facility from Wells Fargo further strengthens the company’s position as a forward-looking independent finance firm and further progresses Tokyo Century’s commitment to a growth strategy within the United States.
For more equipment finance and leasing industry news, visit Equipment Finance Advisor.