SUPERIOR, CO – December 19, 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 Lori Maxon has joined the company as equipment finance officer, business bank team. In this role, Maxon will lead equipment financing activities for eastern and central regions of New York.
Maxon brings more than16 years of experience in equipment finance to her new position. She joined Key Equipment Finance when KeyCorp acquired First Niagara in October. Maxon assumed the role of equipment finance officer after demonstrating continued growth and leadership as a vice president for First Niagara’s business banking division over the last two years.
“As a leading equipment finance executive, Lori continues to deliver high-level customer service, adding tremendous value to her clients,” said Scott C. Edwards, senior vice president for Key Equipment Finance. “Lori has demonstrated the unique ability to identify the best equipment finance solutions that continue to take companies to the next level. She is a wonderful addition to our team and valuable asset to her clients, and I look forward to working with her in this new role.”
Maxon joined First Niagara Leasing as vice president of the middle market direct sales division in 2015, following two years as a relationship manager for UniFi Equipment Finance. Prior to UniFi, Maxon held various positions of increasing responsibility with Key Equipment Finance. She is an active member of the Rensselaer County Chamber of Commerce and Albany County Chamber of Commerce.
Maxon has a bachelor of science degree in business administration with a concentration in marketing from Utica College of Syracuse University.
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 nearly $11 billion in assets and originates more than $5 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $136 billion at September 30, 2016. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. 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.