As 360 Equipment Finance marks its 14th year of providing entrepreneurs and business owners with innovative equipment financing solutions, the company proudly announces a historic milestone. April 2024 witnessed the largest total funding volume in the company's 14-year history, a testament to its unwavering commitment to client success and excellence in service.
In addition to the celebration of its anniversary, 360 Equipment Finance shared that April 2024 saw a remarkable surge in funding activity. The total funding volume not only surpassed all previous records but also exceeded expectations by a significant margin. This accomplishment underscores the company's continued dedication to fueling the growth and success of businesses nationwide.
Key highlights of April 2024's funding performance include:
- Record-Breaking Total Funding Volume: The funded amount in April represents an increase of 123 percent over the trailing 12 months average funded volume, reaffirming 360’s position as a leader in the equipment financing industry.
- Exceeding Averages: The funding volume in April 2024 surpassed the company's five-year average, both in terms of total income and the number of deals facilitated. This achievement underscores 360's ability to adapt and thrive in dynamic market conditions.
- Top Tier Team Collaboration: The funded amount in April represents an increase of 194 percent over the trailing 60 months in average funded volume, highlighting sustained growth and momentum in its operations.
Established in 2001, 360 Equipment Finance has emerged as a trusted partner for entrepreneurs and business owners seeking tailored financing solutions. With a commitment to innovation, and speed, the company has earned a reputation for delivering personalized support and competitive financing options to its clients.
"We are thrilled to celebrate our 14th anniversary with this amazing milestone," said Kip Amstutz, President at 360 Equipment Finance. "April 2024's record-breaking funding volume is a testament to the dedication of our team and the trust placed in us by our clients. As we celebrate this achievement, we remain steadfast in our mission to empower businesses with the financial resources they need to succeed."
360 Equipment Finance extends its heartfelt gratitude to its originators, borrowers and partners whose unwavering support has been instrumental in reaching this milestone. Looking ahead, the company remains committed to driving innovation, fostering growth, and delivering unparalleled service to its clients nationwide.