CHICAGO--(BUSINESS WIRE)--First American Equipment Finance has expanded its longtime commitment to technology finance by adding a Vendor Finance business headquartered in Chicago.

First American Vendor Finance works with manufacturers, distributors, dealers, and Value-Added Resellers (VARs) to provide financing tools to meet the unique needs of their end-user customers.

“Embedding First American’s financial solutions into a manufacturer’s business model can help them sell additional equipment and software solutions,” said Daniel Krajewski, Senior Vice President of First American Vendor Finance. “With First American, our comprehensive knowledge of technology finance allows us to work with manufacturers, dealers and distributors to structure lease and loan financing for their customers – whether the need is a simple or complex (including multiple locations, multiple technologies, and lengthy delivery timelines)."

Manufacturers and channel partners wishing to provide tailored customer financing – including all types of equipment, software and service packages – can take advantage of this new platform.

"First American Equipment Finance has provided customized, high-quality equipment leasing and financing services throughout the U.S. for 15 years," said William Verhelle, CEO. "We are pleased to expand our customer-focused business model to include Vendor Finance. It is the next logical step in our longtime commitment technology finance."

About First American

First American Equipment Finance is headquartered in Fairport, New York with customers in all 50 states.

First American is an experienced lessor specializing in the technology, healthcare, insurance, education and legal industries and is ranked among the 100 largest leasing companies in the U.S. First American has a proven reputation for professionalism and outstanding customer service among large, sophisticated commercial borrowers throughout the U.S.