Equipment finance leaders assume new roles

Western Equipment Finance, M&T Bank and Maxim Commercial Capital are among equipment financiers that have announced promotions recently.  

Western Equipment 

Devil’s Lake, N.D.-based Western Equipment Finance promoted Ashley Schuster to program manager to oversee the company’s lawn and tree business and work with dealers and customers on financing options, according to a company release. Previously, she was an account manager for the company.

Western Equipment Finance also promoted Bobbie Rota to senior asset manager. In her new role, she is to monitor data and trends to improve the company’s asset management structure. Before joining Western, Rota worked at Bethlehem, Pa.-based Action Machinery for over 30 years.  

Western Equipment Finance ranked No. 71 on the Monitor 100 list of largest equipment financiers by new business volume. The company reported $721.3 million in assets and $495.2 million in new business volume in 2023.  

M&T Bank  

Lender M&T Bank, based in Buffalo, N.Y., promoted Scott Weissmann to business manager of M&T Commercial Equipment Finance.  

Weissman has worked for M&T Bank for nearly 17 years. For the past nine years, he’s been part of the bank’s financing team. 

M&T Bank offers equipment financing for a variety of industries including aircraft, construction and transportation. 

Maxim Commercial Capital 

Los Angeles-based Maxim Commercial Capital promoted Fernando Rodriguez to director of vendor sales.  

Rodriguez will manage business originations, sales and vendors for the company’s equipment and trucking finance divisions, the company said in a May 7 release.  

Rodriguez joined the firm in 2021 as outside vendor sales manager. He previously worked at other lenders including CitiBank and Newport Lending.  

Maxim Commercial Capital offers equipment loans from $20,000 to $250,000 with terms from 24 months to 69 months.