First American Equipment Finance Climbs in National Ranking

Fairport, NY, July 01, 2009 --(PR.com)-- First American Equipment Finance climbed to #76 in the 2009 Monitor 100, which ranks the 100 largest leasing companies in the U.S. First American was ranked #88 in 2008. Among 4,600 commercial equipment finance companies in the United States, the Monitor 100 identifies the largest such firms. The list is published annually by Monitor, Inc., a leading publication in the equipment and finance industry.

According to CEO Bill Verhelle, “There are several reasons why First American has been able to earn an 18% increase in new business volume, despite a period of overall industry contraction in 2008. First American serves sophisticated and highly credit-worthy organizations. We combine a unique and cost-effective business model with advanced technology that provides an exceptionally high level of customer service at a very low cost. Our unique service capabilities, and First American’s outstanding staff, have enabled us to earn the privilege of repeat business from our valued customers.”

Earlier this year, First American was also ranked by Monitor, Inc. as the eighth largest independent lessor in the United States. Independent leasing companies are not associated with any particular supplier of equipment and offer customers the freedom to select the equipment suppliers of their choice.

First American Equipment Finance has customers in all 50 states and is headquartered in Rochester, New York.

First American Equipment Finance is an experienced lessor specializing in the healthcare, insurance, education and legal industries and is ranked among the 100 largest leasing companies in the U.S. and the Rochester Top 100 fastest growing companies. First American provides simple, innovative financing solutions for complex projects that combine products and services from multiple vendors and service providers into a single equipment lease. First American has a proven reputation for professionalism and service among customers throughout the U.S.

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