Key Equipment Finance aims for technology vendor sector with new appointment

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Key Equipment Finance has appointed Amy Gestal as vice president, business development with the task of providing equipment financing solutions to the technology vendor sector. In this role, Gestal will focus on providing equipment finance solutions to emerging technology vendors.

Tim Duerr, senior vice president, business development, Key Equipment Finance (KEF) said: “Amy has nearly eight exemplary years with Key in a variety of roles and is one of six KeyCorp employees to recently complete a rotational program with the corporate bank.

“She brings experience in credit, business processing, healthcare and bank channel inside sales, and I look forward to working with her to meet the equipment financing needs of emerging technology vendors.”

Gestal joined KEF in 2006, gaining positions of increasing responsibility in the bank channel, healthcare and credit analysis, before taking the position of portfolio manager for the leveraged finance group of KeyBanc Capital Markets, where she completed a Structured Career Experience rotational program.

Gestal has bachelor of arts degree from Kenyon College.

The appointment comes shortly after KEF revealed that it has been selected as the finance partner of Winncom Technologies a worldwide distributor and provider of complete networking solutions.

Through the partnership with KEF, customers in the US and Canada purchasing both wired or wireless networking solutions through Winncom’s direct sales team or channel network will be able to take advantage of flexible financing options as part of the sales process. This means Winncom customers can maintain maximum flexibility and protect against equipment obsolescence while obtaining the company’s networking solutions with little or no cash down.

Scott Sullivan, senior vice president of technology finance at KEF explained: “Winncom is at the forefront of the global technology marketplace. This is a company that is known both for its industry expertise and its customer support.

“The addition of one, comprehensive finance program further demonstrates the company’s commitment to designing solutions with its customers’ budgets and business needs in mind. I’m confident that Winncom will experience even greater customer satisfaction as customers begin taking advantage of this financing program for their networking equipment needs.”

Winncom noted its long-standing relationship as a KeyBank customer, as well as KEF’s reputation as a leader in technology finance, as primary reasons for selecting the company as its equipment finance partner.