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Key Equipment Finance Names Steve Licardi Leasing Manager, Industrial Division

Posted 03/01/2016

Superior, Colo. – March 1, 2016 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that Steve Licardi has joined the company as leasing manager for its industrial division. In this role, Licardi will be responsible for growing new and existing vendor relationships in the industrial market.

“Steve has more than thirty years of captive and vendor leasing experience, which will be invaluable as we strive to deliver our flexible equipment financing solutions to a wider variety of vendor partners in the industrial sector,” said Toni Larson, senior vice president of Key Equipment Finance’s industrial equipment division. “This market is an important part of Key Equipment Finance’s overall strategic direction, and I look forward to having a seasoned sales professional like Steve as part of our team”

Prior to joining Key Equipment Finance, Licardi was a senior vice president with First Financial Equipment Finance. Prior to that, he held various positions of increasing responsibility with Summit Funding Group and Pitney Bowes Credit Corporation. From 2003 to 2008, Licardi served as a leasing manager both regionally and nationally for Key Equipment Finance. Licardi holds a bachelor of science degree in secondary education from State University of New York at Oswego.

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 $9 billion in assets and originates $4.8 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 $95 billion at December 31, 2015. 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.

 

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