Western State Bank announced that, effective Oct. 17, 2011, its equipment finance subsidiary, Western Finance & Lease, will officially change its name to Western Equipment Finance. Western Equipment Finance is a leading small ticket equipment finance company in the lease and finance industry.
Western Equipment Finance provides a variety of equipment finance solutions for targeted industries nationwide. The company specializes in select industries including: agriculture, construction, franchise, funeral, healthcare, lawn and tree, media, office, rental, technology, and waste management.
"We take pride in providing innovative solutions for everyone involved in the financing process from vendors to the end user," said Brian Houkom, Chief Executive Officer of Western State Bank. "We believe this name change will help us build a more prominent identification from customers in both the direct and partner lending segments."
Western Equipment Finance has partnered with companies nationwide since 1990 to provide commercial equipment financing. Western Equipment Finance is a subsidiary of Western State Bank, an employee-owned, community-focused bank, offering superior full-banking services, investments, and real estate financing to personal and business customers. Western State Bank's locations are in the North Dakota communities of West Fargo, Fargo, Devils Lake, and Towner and in Chandler, Ariz.