ELFA - Equipment Leasing and Finance Association - Equipping Business for Success


Three Team Members Join Western Equipment Finance

Posted 09/21/2020
Devils Lake, ND – Marie DeWitt, Austin Eiler and Bobbie Rota have joined Western Equipment Finance, a bank-owned equipment finance company that offers full-service commercial financing and leasing options throughout the United States.

“Western Equipment Finance continues to expand our nationwide presence with the additions of Marie, Austin, and Bobbie,” said Laurie Bakke, President of Western Equipment Finance. “The new team members are located across the country, but they have a shared commitment to our industry, our customers, and our core values.”

DeWitt is a Collections and Remarketing Specialist. She will manage past due accounts, remarket equipment, identify residual positions and coordinate equipment inspections. DeWitt spent 20 years at Marlin Business Services in residual marketing, repossessions, collections, and customer service roles. She is based in Mount Laurel Township, NJ.

Eiler is a National Business Development Manager based in Rochester, IN. He will focus on new business development opportunities and identifying and structuring program relationships with franchisors and franchisees. For the past 10 years, Eiler worked in credit analysis and franchisee finance management roles with Independent Purchasing Cooperative. He graduated from DePaw University in Greencastle, IN.

Rota is an Asset Manager based in Northampton, PA. She will manage equipment valuations, repossession and remarketing functions, and third party contractors.  For more than 30 years, Rota worked for Action Machinery, Inc. Her most recent role was in asset recovery and sales.

In addition to these hires, the company recently opened a new office in Marshall, MN. Six team members are located in the Marshall office. “Our company’s roots and headquarters remain in Devils Lake, ND,” Bakke added. “At the same time, we are very excited to grow our company through the new Marshall office and through our new team members who work remotely.”
Western Equipment Finance is a bank-owned equipment finance company.  The company offers full-service commercial financing and leasing options throughout the United States. It serves several industry segments including agriculture, audio/visual, construction, franchise, funeral, laundry, lawn and tree care, rental and waste management.

Western Equipment Finance consistently ranks among the top 100 equipment finance companies in the nation. According to the Monitor industry publication, Western Equipment Finance is the 79th largest equipment finance company in the country. In the same Monitor rankings, the company is the 68th top equipment finance company by new business volume.

To learn more about the company, visit http://www.westernequipmentfinance.com.

Western Equipment Finance is based in Devils Lake, ND, with additional team members working from locations across the country. It is a subsidiary of Western State Bank, a full-service community bank with nine locations in North Dakota and Arizona. Western State Bank is employee-owned with more than $1 billion in assets and approximately 220 team members. It has a five-star superior rating by Bauer Financial, a trusted and independent research firm. It is their highest possible rating for financial stability and strength.

Dean Froslie
Western State Bank
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