Profile: Jon Lampel and Leasequip

Regarded as a skilled businessman, Jon Lampel, LeasEquip’s acknowledged founder and lead executive, is a major player in the finance industry. Since he became the co-founder and leader of the prestigious financing firm, it has become an industry leader in the fields of investment banking, equipment leasing, and commercial financing. Leasequip has managed to fund new business to the tune of tens of millions of dollars and they have also managed a great many financial transactions using capital generated by the firm itself.

One key reason for Leasequip’s success is the knowledge gained by their leader, which came from Jon Lampel’s long 25-year career in the financing industry. After earning. Advanced degrees in history, finance and the law, degrees in law, Jon started his career as a credit reporter at Dun & Bradstreet, the storied New Jersey-based financial firm. Following that, he worked as a loan officer with Crocker National Bank, which was later bought by Wells Fargo, where he continued to work as a loan officer, portfolio manager, and credit analyst before he joined Wells Fargo Leasing Corporation, where he managed leasing operations in 12 states.

Soon after that, Jon Lampel led the recovery of Topa Equipment Leasing, Inc., before he went out on his own and cofounded the company that would eventually become LeasEquip, Inc. in 1981. Under Jon Lampel’s LeasEquip. many companies of all types and sizes who once had a difficult time acquiring the capital they needed to start up or expand their business now have the ability to acquire the expensive equipment they need because they can now lease it at an affordable rate.

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Jonathan Lampel –the co-founder of Leasequip

Jonathan L. Lampel commonly known as Jon Lampel is a businessman and the co-founder of Leasequip incorporation, an Equipment Leasing, Commercial Financing, and Investment Banking Company. He is a graduate with bachelor’s degree in law, finance and history. Mr.Lampel has a long history in the financing industry having spent a great deal of time helping companies in related financial matters. Through Leasequip Company where he is the president, he has helped firms that are facing hard economic times, to get the equipment they need. For example, during the economic recession of 2008, he helped companies acquire loans and to lease equipment through the Leasequip Inc.

Mr.Lampel first entered into the financial industry as a credit reporter for the Dun and Bradstreet. From Dun & Bradstreet, he moved to Crocker National Bank as credit analyze, loan officer and then finally as the portfolio manager. He worked for the Wells Fargo leasing corporation in the period between 1972 and 1976. From Wells Fargo, Mr. Lampel moved to Topa Equipment Leasing Inc. in Los Angeles.

Having gathered enough experience in equipment leasing, he found a partner and they formed the Prudential capital corporation in 1981. In 1988, Lampel and his partner sold off the name of their company and rebranded it as Leasequip Inc.  Since its founding, the company has supplied more than six hundred commercial leases or loans to companies. Leasequip itself generates the majority of the capital they loaned to companies. However, they also have a close relationship with banks and nearly fifty private investors.