MuskogeePhoenix.com, Muskogee, OK

Business

March 25, 2014

AEF reports increase n loans, leases

Seven years after its founding, Arvest Equipment Finance, a division of Arvest Bank, ended 2013 with $132.3 million in loans and leases. This is an increase of 8.1 percent from $122.3 million in 2012. In 2009, AEF ended the year with loans and leases valued at $54.9 million. The value of loans and leases has more than doubled as of the end of 2013.

In 2013, AEF ranked among the top 100 largest equipment finance and leasing companies in the United States by MonitorDaily, a leading publication of the equipment leasing and finance industry.

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