Targeted Lending Co., LLC, an independent equipment finance company, announced its first quarter loan originations increase 60 percent from the same period last year and 125 percent over the first quarter of 2020.

“Targeted Lending Co. continues to invest in its originator platform providing programs and technology that simplifies loan closings. This investment in our originator network helps support the equipment finance needs of small businesses and drives mutual success.” said CEO and Chairman Brian Gallo.

Renee Hazard, Executive Vice President, added, “Our team at Targeted Lending Co. is growing to support our loan volume. We recently added talent to our documentation department and have open positions in credit and operations. I could not be happier with our team, their effort and the culture we have built at Targeted.”

Targeted Lending Co. finances any new or used equipment or vehicle a business needs from $5,000 to $250,000. It offers unique originator programs including Pick Your Own Pricing, TLC Plus and Discounting with no volume requirements. Targeted Lending Co. is headquartered in Buffalo, NY, with satellites in California, Washington and Colorado.