Western Equipment Finance
Bank equipment finance group based in Devils Lake, North Dakota.
Western Equipment Finance is the equipment finance division of Western State Bank, headquartered in Devils Lake, North Dakota, with an office in Marshall, Minnesota. It underwrites, funds and services equipment loans and leases for vendors and commercial customers in all 50 states, in industries including agriculture, construction, fitness, franchises, golf, laundry, lawn care, rental, solid waste and wastewater.
Profile
| Type | Bank |
| Headquarters | Devils Lake, North Dakota |
| Website | westernequipmentfinance.com |
| Parent | Western State Bank |
| Coverage | National |
| Products | Equipment loans, Finance ($1 buyout) leases, Vendor finance programs |
| Sectors | Agriculture, Construction, Franchise and restaurants |
| Associations | National Equipment Finance Association |
Sources: Western Equipment Finance.
Similar lenders
| Firm | Headquarters | Type | Focus | Published deal size |
|---|---|---|---|---|
| Stearns Bank Equipment Finance | St. Cloud, Minnesota | Bank | Agriculture, Construction | - |
| Osgood Funding | Osgood, Ohio | Bank | Agriculture, Construction | - |
| Bankers' Bank | Madison, Wisconsin | Bank | Agriculture, Transportation and fleet | - |
| National Bank Equipment Finance | Winnipeg, Manitoba, Canada | Bank | Agriculture, Aviation | - |
| Customers Commercial Finance | Portsmouth, New Hampshire | Bank | Manufacturing and industrial, Transportation and fleet | App-only financing up to $600k; equipment financing up to $50MM |
| Dime Commercial Bank | Hauppauge, New York | Bank | Construction, Healthcare and medical | - |
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