Jeffrey Armstrong has joined CapX Partners, a provider of middle market equipment leasing and finance, in the newly created position of Director, Bank Markets and Syndications. In this position, his responsibilities will include managing the company’s commercial bank referral network for equipment finance transactions as well as launching a Syndications Desk to manage the operations of buying and selling a variety of equipment lease and loan products.

“CapX has aggressive asset growth goals and will continue to apply technology and experienced human capital to efficiently grow our business and enhance shareholder value,” said Jeffry Pfeffer, Managing Partner, CapX Partners. “Jeff has a proven track record in credit, lending and equipment leasing; we are pleased that he has chosen CapX to spearhead our development of these two marketing channels.”

Armstrong is a 25-year banking and leasing professional. His most recent experience includes Beacon Funding Corporation where he created the Bankers Leasing Group and enhanced the company’s syndications function. Prior to that, he was at Old Kent Bank (later Fifth Third Bank). He started his career at American National Bank (later JPMorgan Chase Bank’s middle market group). He has a B.A. in economics from Indiana University and earned his MBA from DePaul University.