KLC Financial announced the promotion of Lee Ritter to the role of National Business Development Manager. With over 13 years of experience in the equipment finance industry, Ritter has a proven track record in the industry and will continue to be a driving force behind KLC’s success and growth.

As National Business Development Manager, Ritter will spearhead KLC Financial’s efforts to expand its reach, foster partnerships with equipment vendors, and deliver customized financing solutions to clients nationwide. His appointment comes at a pivotal time for the company, which continues to build momentum in the market.

“Lee has consistently demonstrated exceptional leadership and a deep commitment to our mission,” said Spencer Thomas, CEO of KLC Financial. “This promotion is well-earned and reflects our confidence in his ability to guide our business development initiatives on a national scale.”

Brett Sorensen, VP of Sales & Marketing, shared his enthusiasm about Lee’s promotion: “Lee’s deep industry knowledge and commitment to building relationships have set him apart as a trusted advisor to our clients and partners. I have no doubt that he will continue to excel in his new role, helping KLC Financial achieve new heights.”

Reflecting on his new role, Ritter expressed his excitement: “I’m grateful for the opportunity to support our incredible sales team in forging strong partnerships that drive growth and success. I look forward to expanding KLC’s reach and continuing to deliver exceptional value to our clients and partners.”

Ritter's promotion underscores KLC Financial’s commitment to fostering talent within its organization and delivering exceptional value to its customers. The company, recently recognized as a Top Workplace by the Star Tribune and a Best Place to Work by the Minneapolis/St. Paul Business Journal in 2024, looks forward to continued growth and innovation under Lee’s leadership.

“Our people are at the heart of everything we do,” Thomas continued. “Lee’s promotion is a testament to our commitment to investing in our team and creating opportunities for professional growth.”