SUPERIOR, CO – August 2, 2017 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that Lawrence “Jay” Archambeault has joined the company as a senior vice president on the Bank Channel Large Corporate team. In this role, Archambeault will be responsible for business development activities that involve delivering the company’s equipment financing products and services to large industrial and consumer corporate clients of KeyBanc Capital Markets.
With more than 25 years of experience in business development, operations, documentation, and finance, Archambeault brings a comprehensive understanding of equipment finance structures and extensive experience helping large companies determine the most effective equipment finance strategies for their unique circumstances.
“Over the past two decades, Jay has built strong relationships with large corporate clients through his ability to understand a company’s equipment needs and then sharing his extensive knowledge of equipment finance structures to help identify the one that best meets their needs,” said Deborah Brown, senior vice president, large corporate and Great Lakes regional sales director. “We are fortunate to have someone of Jay’s merit on our team, and I look forward to working alongside him in this new role.”
Archambeault began his career with Key Equipment Finance in 1987, where he held various positions of increasing responsibility over the course of 10 years. Most recently, he served as senior vice president with PNC Equipment Finance. He has also held senior level positions with M&T Bank Corporation and GE Capital Corporation.
Archambeault has an Associate of Science degree from Hudson Valley Community College in Troy, New York.
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 44 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 approximately $12 billion in assets and originates more than $4.5 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp
KeyCorp's 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 $135.8 billion at June 30, 2017. 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.