SUPERIOR, CO. – July 11, 2016 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced it has named Loren J. Hill senior vice president, commercial manufacturer and vendor sales. In this role, Hill will be responsible for the ongoing strategic leadership of Key Equipment Finance’s U.S. commercial vendor organization, including all business development and manufacturer program management for the energy, health care, industrial and technology verticals. He will be based out of the company’s headquarters in Superior, CO.
“Key Equipment Finance’s manufacturer and vendor organization is one of the pillars of our business, and I’m pleased to have someone with Loren’s industry knowledge and client insights leading this team,” said Adam D. Warner, president of Key Equipment Finance. “He brings almost 30 years of experience in the financial services industry, including management, capital markets, finance, funding, business development and credit. I look forward to working with him to deliver highly effective financing programs to manufacturers and distributors throughout the United States.”
Hill joins Key Equipment Finance from IBM Global Financing, where he was global head of capital markets since 2000. Prior to IBM, he was senior vice president of asset distribution for Heller Financial, which followed a position as manager of capital markets. Previously, he was vice president of capital markets for Capital Associates International following several management positions of increasing responsibility.
Hill has a bachelor’s degree from the University of North Dakota and an MBA from the University of Denver.
Key Equipment Finance offers equipment financing and business leasing solutions to a range of business types and industries. Learn more at www.keyequipmentfinance.com.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 43 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a lease capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages $10 billion in assets and originates $4.5 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation’s largest bank-based financial services companies, Key had assets of approximately $98.4 billion at March 31, 2016.
Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.