SUPERIOR, CO – November 20, 2017 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today named Cory Suffern vice president of business development for its Canadian operations. In this role, Suffern will be responsible for enhancing, structuring and managing the efforts of the Canadian sales verticals. He will manage business development operations from the Key Equipment Finance Canadian office.
“Cory has a proven track record in the financial services industry and brings more than 20 years of senior level sales experience,” said Richard McAuliffe, country manager of Key Equipment Finance’s Canadian operations. “He has a strong background in equipment financing that will be of great value to our corporate, and end-user clients. I am thrilled to have Cory on our team, and look forward to working with him in this new role.”
Prior to joining Key Equipment Finance, Suffern was an account manager at National Leasing Group. He also held positions of increasing responsibility with Roynat Lease Finance, TD Bank Group and CIT
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’s bank channel unit provides tailored equipment lease and finance solutions for commercial clients in the U.S. and Canada. Through its commercial vendor unit, equipment finance programs are developed for manufacturers, distributors, and resellers. The company’s government finance unit, Key Government Finance, provides financing solutions for state and local government entities, the federal government and not-for-profit organizations.
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 $136.7 billion at September 30, 2017. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, 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.
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