NFS Leasing, Inc. Sets Company Record for Year-Over-Year Originations in 2023, Increasing Vendor Partner NBV by 250%

BEVERLY, Mass.--(BUSINESS WIRE)--NFS Leasing, Inc., a privately-held leader in equipment finance across the U.S. and Canada, today announced that it achieved 8% year-over-year growth of originations in 2023.

“Our team's strength and the value we provide to our customers to support their growth are highlighted by the achievement of our growth in originations, which surpassed the industry’s average," said Ashley Whyman, President of NFS Leasing. “NFS Leasing remains committed to providing innovative, personalized, and flexible financing solutions to businesses that are unable to obtain funding from traditional financing sources.”

Drivers of its growth include 250% growth in vendor new business volume and year-over-year growth in new customer originations.

“As we mark another year of record growth and expansion, our inspiration is fueled by the stories and achievements of our customers and partners,” said Dana Calumby, Chief Financial Officer of NFS Leasing. “Our commitment to excellence as a trusted partner will be supported by incremental investments in our systems and processes, as well as initiatives promoting our brand as THE story lender in 2024.”

To contact NFS Leasing for a custom finance solution, visit https://nfsleasing.com.

ABOUT NFS LEASING, INC.

NFS Leasing is a privately-held independent equipment finance leader with more than 15 years of experience. NFS Leasing is a story lender and provides flexible equipment financing and secured loans to small and middle market non-investment grade companies in the U.S. and Canada. NFS uses its own balance sheet capital and provides customized solutions supporting emerging, turnaround, and established businesses. NFS Leasing is proud to have created thousands of jobs and infused over $1,000,000,000 of capital into businesses. Contact us today and tell us your story at www.nfsleasing.com.