History of Key Equipment Finance

   
Assets:
KEF manages approximately $10 billion in assets
   
Originations:
Nearly $4.5 billion
   
Ranking:
Nation's 3rd largest bank-affiliated equipment leasing company in annual originations; and the nation's 6th largest bank-affiliated equipment leasing company in net assets. (Source: Monitor June 2015)
   
History:
   
1973
KeyCorp entered the equipment financing arena under the name of KeyCorp Leasing.
   
1979
Leasetec founded.
   
1996
KeyLease Plus established to provide equipment financing specifically designed to meet the needs of small business.
   
1997 Leasetec acquired by KeyCorp.
   
2001 Name changed to Key Equipment Finance consolidating the operating names of Leasetec, KeyCorp Leasing, and KeyLease Plus under one brand name.
   
2002 Lease Advisory Services team joins Key Equipment Finance from a former Key affiliate.
   
2004 American Express Business Finance acquired by Key Equipment Finance.
   
Employees: Approximately 400 employees 
   
Coverage: Major sales and operations centers in:
   
 
Denver (Superior), Colorado Toronto, Canada Albany, New York