Mike Clune, First American’s Director of Capital Markets, was one of four industry leaders to discuss current equipment funding trends in the October 2021 cover story of Equipment Leasing & Finance magazine.
In “Funding Catches a Wave,” Clune discussed equipment finance trends in what some call “the pre-post-pandemic” landscape that is continually evolving to meet buyers’ and sellers’ needs, and struck an optimistic tone about First American’s strong, valued funding partnerships, which historically have been a differentiator for the company. Clune lauded buyers who emerged from the pandemic with “consistency and stability” and noted that, “changing buyer patterns, along with consolidation and extreme competition” all all shaping the 2021 funding environment that currently is exhibiting high demand for transactions. He predicted healthy capital spending—which he called “pent-up spending” -- over the next six to 12 months and cited the strength of First American’s relationships on both the buy and sell sides of the business as contributors to solidifying deals.
Congratulations, Mike! Read the article here.