Channel Partners to Launch Equipment Finance Group
2nd Quarter of 2020
January 8, 2020 - Channel Partners Capital (CPC) announced the creation of Channel Partners Equipment Finance Group, strengthening its commitment to its equipment finance partners’ success.
CPC, in its 11th year, will leverage its strong balance sheet, core competencies and proven experience to build an equipment finance solution requested by our partners. It will utilize our existing LOS/LMS systems to accommodate equipment finance transactions and has invested over a quarter of a million dollars in a credit risk model that includes over 130,000 records and 250 million data points. Leveraging this new model with our data analytics capabilities and technology platform will allow CPC to deliver a robust, end to end system that gives control of the financing process to the partner; a flexible credit window and processes delivering a fast, easy, and consistent customer experience.
Channel Partners Equipment Finance Group is scheduled to go live in the second quarter of this year.
Fleck Joins Channel Partners Capital to Lead New EF Group
January 8, 2020 - Cindy Fleck has joined CPC as Senior Vice President of the newly established Equipment Finance Group. She will lead this initiative within CPC.
Many in the industry remember Fleck from her nearly 20-year career with Manifest Funding Services (Schwans/U.S. Bank 1990-2009). While at Manifest, she held leadership positions as Credit Manager, Regional Sales Manager, Director of Marketing and Director of Sales. She helped launch Channel Partners in 2009. In 2010 she joined GreatAmerica as a National Sales Manager and more recently served as Vice President of Sales for GreatAmerica’s construction industry niche.
Her success has been built on her commitment to servicing her customers.
“We’re very happy she has chosen to rejoin CPC and look forward to her leadership in expanding our partner relationships through the development and introduction of the Channel Partners Equipment Finance Group,” the company said.
“To all of our Valued Partners: CPC has been very intentional in developing competencies in equipment finance, risk modeling, data analytics, and technology that we can deploy in the small business lending marketplace. The Channel Partners Equipment Finance Group will leverage these competencies to create a unique funding source for our partners. We will continue to embrace the values CPC was built on, protecting and enhancing your relationship with your customers. At Channel Partners Capital, Your customer is always Your customer.”
The National Equipment Finance Association (NEFA) is a nonprofit trade association created to represent the equipment leasing and finance industry throughout North America by providing a forum for personal and professional growth through Community, Education and Professionalism.