GRAND ISLAND, NE--(Marketwired - Jun 29, 2016) - Axis Capital, Inc. (Axis), one of the nation's leading commercial equipment finance companies, announced today the hiring of Ed Testa for the position of Vice President. In this new role, Ed will be responsible for vendor partnerships in sales and will report directly to Axis' Chief Commercial Officer, Michael Karman.
Prior to joining Axis, Ed worked in sales with Graphic Arts Capital where he was responsible for soliciting, managing, and maintaining national vendor-based partnerships. Additionally, Ed has held numerous high-level executive and sales positions with such companies as Greystone Equipment Finance, Champion Capital Corporation, and Bankvest Capital Corporation.
"As an experienced industry veteran, Ed brings a dynamic proficiency in vendor and customer relationships," said Michael Karman, Axis' Chief Commercial Officer. "Ed's unique and broad capabilities represent a real asset for our business development and growth strategy, and we are delighted he has joined our team."
Mostafiz ShahMohammed, Axis Chairman and CEO, reiterated, "We have just come off of a record year of growth and are focused on strengthening long-term partnerships to facilitate additional growth. Ed's diverse talents will serve to augment our leadership team and will be an integral part of our ongoing success."
Earlier this year, Axis announced that the company increased its overall origination volume from $132.2 million to $213.0 million, representing a 56 percent increase between 2014 and 2015. As a result, Axis achieved the second largest year-over-year growth in Monitor's national ranking of Top 25 Vendor Channels.
About Axis Capital
Axis Capital, Inc. (Axis) is a nationally ranked Top Ten independent equipment finance provider and a Top Twenty vendor channel origination company that customizes capital financing programs for a wide variety of suppliers and businesses nationwide. Founded in 1996 in Grand Island, NE, Axis delivers solutions that help businesses across the country grow, succeed, and create value. Axis serves as a reliable capital partner to many active vendor programs and has funded transactions with over 15,000 vendors across diversified markets in the United States. Axis Capital is a subsidiary of New York based, Amur Finance Company, a global diversified holding company with over $800M in assets.
For more information, go to axiscapitalfinance.com.
About Amur Finance Company
Amur Finance Company, Inc. (Amur) is a privately held, diversified commercial finance company focusing on four main sectors: General Equipment; Aviation; Energy, Shipping & Logistics; and Other Industrial and Commercial Assets. Amur's management team and senior leaders have extensive industry expertise and have been involved in over $100 billion of transportation, industrial and related commercial finance, trading and investment transactions around the world. Amur takes a partnership approach to its investments, providing long-term value through direct investments and strategic arrangements with world-class entrepreneurs and businesses.
For more information, go to amurfinance.com.