Wednesday, November 7, 2012

ELFA - INDUSTRY NEWS - Equipment Leasing & Finance Association

Key Equipment Finance Names Steven G. Clyne Northeast Regional Sales Manager

Posted 11/05/12

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SUPERIOR, Colo. ? Nov. 5, 2012 ? Key Equipment Finance, one of the nation?s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced it has named Steven G. Clyne as Northeast regional sales manager. In this role, Clyne will be responsible for generating small-to mid-ticket IT equipment leasing and finance sales volume in the Northeast region through national channel programs and regional business development efforts.

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?Steve brings 16 years of multifaceted experience in business development, portfolio and relationship management, and structured finance,? said Brent Broussard, vice president of sales, information technology, at Key Equipment Finance. ?I look forward to working with Steve to provide superior IT equipment leasing and financing solutions to this important Northeast regional market.?

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Prior to joining Key, Clyne was Northeast regional sales manager for Leaf Commercial Capital.

Previously, he was a director at Patriot Funding Corp., national sales manager at CIT Group Inc., and held a variety of sales and management positions at Citicorp Vendor Finance.?

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Clyne has a bachelor?s degree in communications from the University of Delaware.

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About Key Equipment Finance

Key Equipment Finance is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its vendor services unit, equipment finance programs are developed for manufacturers, distributors and resellers in the U.S., Canada and Europe. Key Equipment Finance also provides lease capital markets support for corporations looking to optimize risk and revenue.?

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Headquartered outside Denver, Colorado, Key Equipment Finance manages $8 billion in assets and originates over $3 billion of equipment financing annually. The company has management and operations bases in Albany, New York; London, England; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Paris, France and Toronto, Canada. The company, which supports clients in over 30 countries, employs approximately 500 people worldwide and has been in the equipment financing business for over 35 years. For more information, visit www.KEFonline.com.

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About KeyCorp

KeyCorp traces its history back more than 160 years ago and is headquartered in Cleveland, Ohio.?One of the nation's largest bank-based financial services companies, Key has assets of approximately $87.0 billion as of September 30, 2012.

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Key provides deposit, lending, cash management and investment services to individuals and small businesses in its 14-state branch network under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

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For more information, visit www.key.com. KeyBank is Member FDIC.

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Source: http://www.elfaonline.org/news/indnews/news_report.cfm?id=20672

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