Western Alliance Bank has introduced Western Alliance Equipment Finance, its newest national specialty banking group, adding to a full range of business banking solutions. The new group was created to target the $1 trillion equipment financing sector to provide capital equipment financing solutions for companies nationwide.

The new Western Alliance Equipment Finance group is led by industry veterans Senior Vice President Brian Scott, who serves as Managing Director of Equipment Finance, and Vice President of Sales Jon Brown. Collectively, Scott and Brown have nearly 50 years of equipment financing experience.

With an initial focus on the rapidly growing and evolving healthcare industry, Western Alliance’s new group provides access to capital to help healthcare organizations purchase crucial equipment. Hospitals, imaging centers, healthcare suppliers, physician practices and pharmaceutical groups are among the group’s core clients.

“Western Alliance Equipment Financing is focused on customizing a capital markets experience by taking a holistic approach to clients’ needs and working with other divisions within Western Alliance Bank to bring new financing solutions to the table,” Scott said. “From small physician practices to large-scale integrated delivery networks, our clients will have the opportunity to access a range of financing products to meet their individual circumstances.”

In addition to working directly with front-line healthcare delivery sources, the new group is also working directly with banks and captive financing sources to provide financing for their clients. While initially launched with a focus on the healthcare industry, Western Alliance Equipment Finance Group looks to expand into other industries such as technology, manufacturing and transportation.

Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation, ranking in the top 10 on the Forbes “Best Banks in America” list for four consecutive years, 2016-2019.