The BMO Harris Equipment Finance Company (“BHEFC”) has promoted Lance Rhodes to Head of Equipment Finance Syndications. In his new role, Rhodes will be responsible for leading the Equipment Finance Syndications team. Rhodes will be based out of Denver, CO, and will report to Tom Sbordone, Managing Director and National Sales Manager.
“We are thrilled to have Lance in this expanded leadership role. The Equipment Finance Syndications segment of our business has always been an integral component to our overall growth strategy. We’re excited about the opportunity to grow this aspect of our business even further under Lance’s guidance, and we are confident that we’ll continue to be able to provide exceptional service and support to our investor partners,” Sbordone said.
Rhodes will lead a national team focused on the origination of indirect equipment lending and leasing transactions. Reporting to Rhodes will be Tom Tazioli, Senior Vice President of Equipment Finance Syndications, Jeff Enoch, Senior Vice President of Equipment Finance Syndications, and Dan Grafenauer, Vice President of Equipment Finance Syndications.
Rhodes, who has nearly 20 years of corporate finance experience, has spent the past four years working as Director of Syndications for the BMO Harris Equipment Finance Company. Prior to joining the company, he spent 12 years with GE Capital, where he most recently held the position of Senior Vice President, Capital Markets.
“Since joining the BMO Harris Equipment Finance Company, Lance has consistently exceeded goals and has built a strong reputation as a trusted and reliable team member. His deep industry knowledge and experience make him an excellent choice for this position. I look forward to working closely with him in this new leadership role,” said Jud Snyder, President, BMO Harris Equipment Finance Company.
About the BMO Harris Equipment Finance Company
BMO Harris Equipment Finance Company, headquartered in Milwaukee, WI, provides lease and loan financing for a wide variety of capital equipment types, including Rail, Marine, Corporate Aviation, Manufacturing, Agribusiness, Food Processing and Construction assets. The company has experienced tremendous growth in recent years and is one of the largest Equipment Finance businesses in the industry.
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through nearly 600 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank’s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States. For more information about BMO Harris Bank, visit the company fact sheet. Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$807 billion (as of January 31, 2019), and more than 45,000 employees.