Amur Equipment Finance has grown into one of the nation’s largest equipment finance companies, having financed over $6 billion in commercial equipment to date. As Amur concludes the largest origination year in its history, we sat down with CEO Kalyan Makam to discuss Amur’s success and plans for continued growth through its commitment to innovation, collaboration, and a people-first culture to best serve our partners.
First, tell us about you. How did you get your start in equipment finance?
My path to equipment finance began early. Growing up, my father ran a small finance company and he taught me the business firsthand. As a child, I tagged along to meetings, and even remember presenting at meetings as a kid. After a spell in investment banking, in 2013, I had the chance to return to lending at Amur, which felt like a full-circle moment, blending my professional expertise with my early experiences. Over the past 11 years, I have had a wonderful experience as a member of Team Amur, as we’ve grown our business from a $150MM portfolio to $2.3BN today, a journey fueled by a shared purpose and incredible collaboration.
What do you see in the future for Amur in the next 2-5 years?
I’m extremely optimistic about the state of the American economy and our role in it. As rates stabilize, we expect businesses to get off the sidelines and increase their equipment acquisitions. We are ready to support them with competitive, flexible financing, including zero-down approvals. This year, we’ve seen very strong growth in construction and franchise and expect to see continued growth in our manufacturing, transportation and other businesses this coming year. These past few years have been a rollercoaster for so many, with the pandemic and inflation, but at Amur, our focus is on being a consistent, reliable, service-oriented partner for our vendors and their customers.
How would you describe the culture at Amur?
The best advice I ever received was to invest deeply in people. I’ve taken that to heart, and it’s been key to our success. At Amur, we pride ourselves on our hardworking, fast-paced and collaborative culture rooted in our Grand Island, Nebraska heritage. This concept drives our ability to innovate and consistently deliver for our partners and customers. I believe our success comes down to one thing: we think about how to improve every day, and we’re in it for the long haul, rain or shine.
Tax Savings: A Powerful Tool For Your December Sales
Incentivize your customers to purchase before year end by sharing the link below so they can calculate the potential tax savings on their purchase when financing with Amur!
When your customer purchases qualifying business assets in 2024, Section 179 of the tax code allows businesses to write off the full purchase price for 2024 taxes versus depreciating it over time. Amur specializes in financing many types of assets that are eligible for Section 179.
When financing with Amur, this incentive gives businesses an opportunity to generate additional income with their new asset, cover the cost with predictable Amur monthly payments, and reduce their overall annual tax spend.
Best In Class Non-Captive Financing
Did you know, according to a recent study by Secured Research, overall vendor satisfaction with non-captive financing partners has dropped 14% since 2023?
Amur's goal is to provide you and your customer with the service you need for a fast, easy experience to help close the sale and grow your business. Now is a great time to connect and discuss current opportunities or refamiliarize yourself with the benefits of a partnership with Amur. Reach out to your Amur Account Manager today!
Source: Dissatisfied Equipment Sellers Seeking New Alternatives for 2025, Monitor 11/25/2024
Announcing Amur’s New Website!
We’re excited to share the launch of our newly refreshed website at GoAmur.com! Designed with your needs in mind, it offers intuitive navigation and simplified access to the information and resources that matter most—all wrapped in an updated, modern design.
Whether you’re learning about partner solutions, exploring our financing options, or looking for support, the new site makes it easier than ever to find what you need.
The Amur team is excited to introduce streamlined decisioning for specialty vehicles!
App-only limit of $500K, no bank statements required, used & new equipment, terms up to 74 months, dedicated processing, faster approvals, smoother transactions
To learn more, speak with your Amur Account Manager or follow the link below!
Asset Management
Contact our Asset Management team to explore our available fleet of currently available assets today!
Partner with Amur to equip yourself to win! Use this button to contact your Amur Account Manager to find out more about our market-leading finance products.
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Vendor Newsletter
Amur Vendor Newsletter, November 2024
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