Santander appoints new VP of equipment finance

Santander Bank has appointed Tim Brown as senior vice president of equipment finance, with responsibility for growing the indirect business focused on purchasing equipment lending and leasing transactions on a national scale.

“We’re excited to have Tim lead our intermediary equipment financing activities,” said Juan Davila, head of specialty banking at Santander. “He brings years of industry experience that will help our clients grow their companies and guide our equipment finance business to even greater success.”

Brown joins the bank with more than 20 years of experience in purchasing indirect, secured equipment financing transactions primarily in the less than investment grade and middle market arena. He was most recently senior vice president at GE Capital.

“Tim has extensive experience in the commercial equipment finance space,” said Vince Belcastro, group head of equipment finance at Santander. “With his industry knowledge and the resources of Santander, we are in an even better place to deliver exceptional service to our clients and provide the advice and financing they need to support their individual equipment needs.”