Jon Lampel, Leasequip Executive

In Jon Lampel, LeasEquip, Inc. has a founder and president who is an entrepreneur at heart. Over the years, he has had considerable experience working for businesses of all sizes and types and he understands exactly what businesses of all sizes and types need. His success and his accumulated business knowledge have improved his outlook, especially in the many years since the devastating recession of 2008.

Until Jon Lampel and LeasEquip came along, many companies of all sizes and types suffered because it was often difficult to acquire sufficient capital to get the expensive equipment they needed to start up or expand their business. That was the primary reason why Jon Lampel founded the company that would eventually become LeasEquip, Inc. back in 1981. The company has grown a lot since then, and in the years since the Great Recession in 2008, they have become a leader when it comes to helping businesses get over the bump in the road created by the need for expensive equipment, without having to take on high interest loans. By providing them with easily affordable leases, large and small companies are able to obtain the equipment they need affordable, which allows them to compete on a level playing field.

Jon Lampel, LeasEquip’s leader, knows how business works and he is well aware of what all businesses need, regardless of their industry or size. Ultimately, all businesses of all sizes are aiming for the same goal; to do business as efficiently as possible. By investing in leases rather than buying expensive machines outright, companies can plan for the future because their costs are more predictable.

Facing economic recession with Jon Lampel

Leasequip Inc. is a company that leases equipment, offers commercial financing and investment banking to other companies. It was cofounded by Jonathan Lampel who is also its current president in 1981 with the name Prudential Capital Corporation. In 1988 the two founders sold the name and rebranded their company Leasequip Inc. ever since its founding, the firm has experienced numerous success. It has supplied over six hundred companies with commercial leases either from its generated capital or in partnership with other banks. Under the leadership of Jon Lampel, the Leasequip has supplied loans to companies in aerospace, alternative energy, construction, medical and entertainment like during the 2008 economic crisis.

Before becoming the president of Leasequip Inc. Mr. Lampel worked with different companies in the financing industry. He has over twenty-five years of experience with helping companies with financial difficulties, to lease equipment and acquire loans. Mr. Lampel got his first job in the financial industry with a New Jersey-based firm called Dun and Bradstreet. At Dun and Bradstreet, he worked as a credit reporter. From Dun and Bradstreet, he joined the Crocker National Bank where he worked as a loans officer, credit analyst and as a portfolio manager. Jonathan then joined Wells Fargo Leasing Corporation in the same capacity before being put in charge of overseeing the leasing in twelve different states. He worked for Wells Fargo or four years between 1972 and 1976. He left Wells Fargo for Topa Equipment Leasing Inc. before finally opting for self-employment whereby he cofounded the Prudential Capital Corporation.