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Summit Funding Group Adds Industry Veteran to Grow Material Handling Division

Posted 07/31/2018

MASON, Ohio (July 31, 2018) – Summit Funding Group, one of the largest independent equipment lessors in the U.S., is bolstering its material handling and construction industry services with the addition of Michael J. Fitzsimmons as General Manager of the firm’s Construction and Material Handling Division.

In his new role, industry veteran Fitzsimmons will oversee all operations and transactions in the firm’s Dallas, Texas office, according to Richard L. Ross, President and CEO of Summit Funding Group.

“Summit has worked in the material handling and construction industries since our inception, cultivating deep expertise and close relationships,” explains Ross. “As a proven leader with strong experience in sales, marketing, and asset management, Mr. Fitzsimmons understand the goals of our Clients, making him well-positioned to continue our growth in this sector.”

Fitzsimmons joins Summit after more than 25 years in the equipment financing industry, most recently serving as the Director of Commercial and Retail Finance in the Construction Division of Sumitomo Mitsui Finance and Leasing. His experience also includes 20 years with GE Capital, where he held roles including Vice President – Marketing, Vice President – Western Region, and Vice President – Regional Sales Manager.

“Throughout my career I have worked extensively in nearly all aspects of equipment finance and sales, weathering many cycles with my Clients,” says Fitzsimmons. “Joining such a reputable firm with a deep dedication to its Clients was a clear choice for me. I look forward to supporting Summit’s continued growth in material handling and construction finance offerings.”

Throughout his career Fitzsimmons has worked with several industries, including construction, material handling, medical, commercial marine, office technology, machine tools, agriculture, and forestry. He is also a dedicated volunteer for Court Appointed Special Advocates of Denton County (CASA), where he advocates for youth in the foster care system.

Summit Funding Group is comprised of Middle Market Finance, Material Handling, Vendor Finance, Capital Markets, and Enterprise Finance divisions. The firm serves a diverse range of industries including construction, technology, healthcare, manufacturing, aerospace, and many others. 

About Summit Funding Group

 Founded in 1993 and headquartered in Mason, Ohio, Summit Funding Group provides equipment lease and finance solutions to companies across the U.S. The firm has originated more than $3 billion in equipment lease and finance transactions to date.

Committed to the delivery of peak results, Summit Funding Group provides financing to a wide variety of industries, including agriculture, automotive, aerospace, aviation services, communications, media and entertainment, construction, corporate aircraft, distribution, energy, exploration and production, food and beverage, healthcare, manufacturing, marine, packaging, printing, retail, technology, transportation, as well as transmission and distribution (utility) services. More information is available at www.summit-funding.com.

Author
Elisabeth Manville
Organization
Brower Group
Phone Number
949-955-7940