Nations Equipment Finance Expands Direct Origination Capabilities and Announces that Patrick McDermott Has Joined the Company

NORWALK, CT – Nations Equipment Finance, LLC (“NEF”) is pleased to announce that Patrick McDermott has joined the company as Sr. Vice President of Direct Originations. In this role, Patrick will be responsible for NEF’s lease and loan origination activities in the Northeastern United States.

Patrick has over 20 years experience in the finance industry. His background includes pricing and structuring, large ticket origination and sales management.

Patrick has held positions with US Bank Equipment Finance as Vice President, TD Banknorth as Vice President, Bank of America as Vice President and GE Capital as Vice President – Senior Account Executive.

“This is a great opportunity to join such a knowledgeable and talented team. I’m looking forward to working with this unique team that approaches each transaction with an experienced perspective,” McDermott said. “Patrick brings a wealth of knowledge and experience about equipment financing to Nations Equipment Finance,” commented Phil Carlson, President and CEO of Nations Equipment Finance. “His experience and knowledge of the industry will support our mission to serve the needs of our customers.”

Patrick can be reached at (203) 229-2255 or cell (203) 731-4514 and will work out of our corporate headquarters in Norwalk, CT.

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