Arvest Equipment Finance, a division of Arvest Bank, has once again been recognized as one of the top 100 largest equipment finance companies in the U.S.
Compiled annually by Monitor, a leading independent trade news source for the equipment finance and leasing industry, the list ranks companies based on total assets. Arvest Equipment Finance ranked No. 58 and was the only bank headquartered in Arkansas to make the list. At year-end 2022, the division had $942.7 million in assets, earning its highest ranking after placing No. 66 on the list last year. It is the 11th time the division has appeared on the publication’s list.
“I am very proud of what our team was able to accomplish last year,” said Eric Bunnell, president of Arvest Equipment Finance. “Even with new processes and software implementations, we were able to not only maintain our excellent customer service levels but also add more customers and grow our loans. That’s a testament to our experienced team and their dedication to providing creative, customer-focused solutions.”
Headquartered in Fort Smith, Ark., Arvest Equipment Finance has locations in Little Rock, Kansas City and Tulsa with more than 50 employees servicing 21 states. Nearly half of those associates have earned the Certified Lease & Finance Professional designation. To learn more about the division, visit arvest.com/equipment.