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Alliance Funding Group Initiates a New Division for Mid-Market Equipment Leasing, Led by Randy Hicks

Alliance Funding Group is proud to announce the appointment of Randy Hicks as its new Senior Vice President of middle market equipment leasing, balance sheet strategy. Mr. Hicks has successfully recruited Todd Greenberg (SVP, CRO) to lead the risk management duties of the new strategy.

Hicks brings over 30 years of experience in the mid-market equipment leasing and finance sector. Before joining Alliance Funding Group, he was an Executive Vice President and co-founder of Nations Equipment Finance, now known as SLR Equipment Finance, and held various leadership roles at GE Capital for 14 years.

With over 14 years in risk management, Greenberg joined Alliance Funding Group from his previous role as Senior Vice President of Risk at Post Road Equipment Finance and had a decade-long career at Nations Equipment Finance in various risk and analyst roles.

“Being active in the middle-market space as a syndicator, we’ve noticed that both banks and private credits have pulled back or moved upstream in their transaction minimums,” Brij Patel, president, CEO and founder of Alliance Funding Group, said. “Leveraging our balance sheet and with continued commitment by our bank partners, we feel that we can fill the void and provide access to competitive capital for our customers and vendor partners.”

“I am very excited to be joining the AFG team, where experience matters. As one of the largest independents in the market, AFG is well positioned to take this next step and I look forward to contributing to the success of this strategy,” Hicks said.