Key Equipment Finance

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Assets:

KEF manages approximately $11 billion in assets

Originations:

Approximately $3 billion

Ranking:

Nation’s 4th largest bank-affiliated equipment leasing company in annual originations; and the nation’s 4th largest bank-affiliated equipment leasing company in net assets. (The rankings are based on an annual survey by The Monitor magazine that was published in June 2009.)

Out of The Monitor magazine’s top 100 companies surveyed in 1992 that are still operating today, Key Equipment Finance was the fastest growing lessor over the past 16 years. (This ranking included both organic and acquired activity levels and was based on the average annual growth rate of net assets.)

History:

1973

KeyCorp entered the equipment financing arena under the name of KeyCorp Leasing (known today as Key Equipment Finance’s commercial leasing services group.)

1979

Leasetec founded.

1996

KeyLease Plus established to provide equipment financing specifically designed to meet the needs of small business (known today as Key Equipment Finance’s express leasing services group.)

1997

Leasetec acquired by KeyCorp.

2001

Name changed to Key Equipment Finance consolidating the operating names of Leasetec, KeyCorp Leasing, and KeyLease Plus under one brand name.

2002

Lease Advisory Services team joins Key Equipment Finance from a former Key affiliate.

2004

American Express Business Finance acquired by Key Equipment Finance.

Employees:

Approximately 700 employees globally

Coverage:

Major sales and operations centers in:

Denver (Superior), Colorado
Albany, New York	Sydney, Australia
London, England	Hong Kong, China

Key Equipment Finance conducts business in the following countries:

The Americas:
Brazil
Canada
Mexico
United States

Asia Pacific:
Australia
Hong Kong
Japan
Malaysia
New Zealand
Singapore
Taiwan
Thailand

Europe:
Austria
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Hungary
Ireland
Italy
Latvia
Luxembourg
Netherlands
Norway
Poland
Romania
Russia
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
Ukraine
United Kingdom