The 2021 Monitor 100 Ranking of the Top 100 Companies in Equipment Finance has ranked First American Equipment Finance #31 by originations and #37 by portfolio size.
First American’s originations grew by 8.1% year over year, while many firms on the list experienced double-digit declines. The Top 100 Companies funded $540,700,000,000 in originations in 2020.
Portfolio growth grew 26.9% year over year for First American.
Amid bank-owned lessors, First American stands out for its significant 5-year compound annual growth rate of 25.1%, while a majority of firms on the list experienced single-digit growth or even declines.
First American's vision is to become the best company to work for and the best company to work with. In 2021, First American was ranked the #2 Top Workplace in the U.S. (150-499 FTE) and the #1 Top Workplace in Rochester (125-399 FTE) by Energage. FORTUNE named First American a 2021 Best Workplace for Millennials, a Best Workplace in New York, a Best Workplace in Financial Services & Insurance, and a Best Small & Medium Workplace. The company has four distribution channels, serving large, sophisticated commercial borrowers throughout the country.