Dedicated Funding NY (DFNY) announced a newly formed partnership with Dedicated Funding, an equipment finance company that provides quick and simple financing solutions for titled equipment to businesses nationwide.
Dedicated Funding NY will provide equipment financing and leasing solutions to the ground transportation industry. DFNY is led by a group of industry veterans with over 80 years of experience in the commercial lending arena.
DFNY is a division of Dedicated Funding, a bank aligned equipment finance company that provides financing solutions for businesses of any size.
“Our team has maintained a high-level presence within this industry during the various cycles over the last 20 years,” said Jaffet Juan, Managing Partner of Dedicated Funding NY.
The partnership combines DFNY’s wide-ranging experience in the financing of transportation equipment with convenient access to lending support.
“This partnership will enhance Dedicated Funding’s lending solutions in order to help customers meet their goals. Not only are they familiar in the commercial lending space; they understand the needs of the ground transportation industry.” said Grant Finch, Managing Partner, CEO of Dedicated Funding.
Juan, who brings more than 20 years of financial services experience, said, “From the very first meeting, it was obvious that we were on the same wavelength. The passion and excitement to build a business that supports the industry and puts the customer first made the decision to create this partnership an easy one. It is about standards and expectations. Setting high standards and exceeding expectations.”
DFNY plans to deliver excellent service to the ground transportation industry and apply a common-sense approach to lending.
“We plan to expand through organic growth and by increasing our competitive advantage through ease of use, speed in application processing and quick funding. We’ve developed long-term relationships with vendors who provide a continuing source of new originations as well as a broad database of end-user clients who contact us directly for their financing needs,” Juan said.
“Collectively, we have had tremendous success in this industry, and I am certain that we can build upon it. My past experience has been amazing, but with this new partnership the future looks brighter than ever,” added Juan.