Another Record Breaking Quarter for Amur
Amur is proud to announce a new record for originations in Q1-2024, providing financing for more than 3,000 customers – the most in a single quarter in its 28-year history!
We are thrilled to be the finance partner of choice for so many as our goal as an organization is to be the best equipment finance company in the country by continuing to support our partners with the financing tools they need to succeed.
Q2 Economic Outlook
Overall economic activity remained robust in Q1, with the ISM manufacturing gauge recently posting its first increase in 16 months. In fact, the economy has remained so resilient in the face of higher interest rates that the Federal Reserve seems content to leave its benchmark rate ‘higher for longer’ rather than cut the rate and risk an uptick in inflation.
Given the increase in manufacturing activity and continued tailwinds for the construction and industrial sectors from infrastructure development and reinvestment, Amur is planning for a busy Q2 in our ‘CIV’ (construction, industrial and vocational) sector. We also expect an increase in transportation activity as the weather improves and cargo attempts to navigate around the Port of Baltimore.
We are ready to put together another record-breaking quarter at Amur! Please reach out today if there is anything we can do to help you maximize your sales as we take on Q2 together!
We Want to Hear from You!
We want to make sure that you, our valued vendor partners, are properly served now and throughout the year!
What can we do to better align with your sales goals? Our aim is to be the best equipment finance company in the country so please let us know how we can best help you and your team.
Interested in Acquiring Equipment from Amur?
Amur aims to be a value-additive partner to all aspects of your business. Primarily, that means financing the sale of your equipment to your customers, however, this can also include selling equipment directly to you.
Did you know that Amur, as one of the largest non-bank financing companies in the country, is an active re-seller of equipment? Our Asset Management team does an amazing job of managing our nationwide equipment inventory. When we can partner with our vendors to efficiently sell equipment and put it back on your lot for re-sale, everybody wins!
Here are a few examples of equipment that Amur has recently sold to vendor partners:
Contact your Amur Account Manager if you’d like to discuss opportunities to purchase equipment from Amur!
Join Us at Our Upcoming Tradeshows
Franchise Expo West
Apr 12- Apr 15, Los Angeles CA
National Plastics Show
May 6-May 8, Orlando FL
Automate
May 6-May 8, Chicago IL
Steel Tech
May 6-May 8, Columbus OH
WasteExpo
May 6-May 8, Las Vegas NV
FAQs
Q. Can Amur offer a zero-down approval?
A. Yes! Amur can offer zero-down financing on New and Used equipment for qualifying credits.
Q. Is Amur a direct lender?
A. Yes! We are one of the largest non-bank lenders in the country, with over $5bn in equipment financed in our company's 28 year history.
Q. Can Amur do larger transactions?
A. Yes! While we most of our business in the app-only space, we are ready to finance larger assets and schedules up to $3mm and beyond!
Q. Does an application with Amur affect my customer's credit score?
A. Amur only performs soft credit checks, so submitting an application to Amur will not affect your customer's credit.
Contact your Amur Account Manager to find out more about our market-leading finance products.
Partner with Amur to equip yourself to win!
