Key Equipment Finance announced that Lori G. Frasier, senior vice president of strategic services, has been named chairperson of 36 Commuting Solutions, a transportation advocacy nonprofit organization.
The mission of 36 Commuting Solutions is to enhance the mobility of commuters along the U.S. 36 corridor, a heavily traveled highway that runs between Denver and Boulder, Colo. Key Equipment Finance’s global headquarters is located along U.S. 36, and many of the company’s employees use the corridor to commute to work each day.
The organization’s board of directors consists of representatives from the public and private sector, including elected officials and business leaders. Frasier has served as a member of the 36 Commuting Solutions board of directors since 2009 and was elected to serve as board chairperson on December 11, 2012.
“The goal of 36 Commuting Solutions is to reduce congestion and improve transportation along the U.S. 36 corridor, which is an important issue for Key Equipment Finance employees and anyone who commutes between Denver and Boulder every day,” said Frasier. “I look forward to serving as board chairperson for 2013 as we continue in our efforts to advocate on behalf of our members for improved transportation services, solutions and funding.”
Frasier also serves as chair of the Equipment Leasing and Finance Association’s Financial Institutions business Council Steering Committee.
Key Equipment Finance is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its vendor services unit, equipment finance programs are developed for manufacturers, distributors and resellers in the U.S., Canada and Europe. Key Equipment Finance also provides lease capital markets support for corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages $8 billion in assets and originates over $3 billion of equipment financing annually. The company has management and operations bases in Albany, New York; London, England; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Paris, France and Toronto, Canada. The company, which supports clients in over 30 countries, employs approximately 500 people worldwide and has been in the equipment financing business for over 35 years.