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Investment in equipment and software is projected to expand 1.1% in 2020 while U.S. economic growth slows to 1.7% according to the recently released 2020 Equipment Leasing & Finance U.S. Economic Outlook by the Equipment Leasing & Finance Foundation.

The Leeds School of Business’ Office of Diversity Affairs recently recognized Key Equipment Finance, KeyBank’s Colorado market, and the KeyBank Foundation for their support of two programs that prepare diverse and first-generation students for college and careers.

Two Key Equipment Finance leaders are participating on the 2020 Business Council Steering Committees of the Equipment Leasing and Finance Association, the trade association that represents companies in the nearly $1 trillion equipment finance sector.

A new report shows 79% of businesses relied on financing for at least part of their equipment and software acquisitions in 2018, although there was a decline in equipment finance investment.

In its first annual industry leadership awards, equipment leasing and finance industry publication Monitor has recognized Key Equipment Finance President Adam Warner with the inaugural Veteran Icon Award.

Although a recession in the next six months appears unlikely, business conditions for the equipment finance industry are also unlikely to improve materially over the rest of the year, particularly for equipment verticals that serve the manufacturing sector, according to the Q4 Equipment Leasing & Finance U.S. Economic Outlook recently published by the Equipment Leasing & Finance Foundation.

KeyBank was recently recognized as the 2019 ColoradoBiz Top Company in the Financial Services category, with the award noting its collaborative practices and commitment to giving back to the local community.

Of the estimated 1.7 million new cases of cancer in 2019, a majority of those patients are expected to receive radiation therapy during their illness — most with the intent to cure the cancer, according to the American Cancer Society.

Kevin Nash has been named leasing manager for the Michigan and Northwest Ohio markets. In this role, Nash will identify, develop and close end-user-based equipment finance and leasing transactions. 

Debbie Trujillo, regional corporate responsibility officer for KeyBank in Colorado, Idaho and Utah, was recently named the winner of the Denver Business Journal’s Outstanding Women in Business Award in the “banking & finance” category.