Speed Leasing Announces New Chief Executive Officer

Speed Leasing Company appointed Gary Silverhardt as its new CEO, effective immediately. Mr. Silverhardt also currently serves as president of 777 Equipment Finance, a member of the 777 Partners family of companies.

Speed Leasing Company appointed Gary Silverhardt as its new CEO, effective immediately. Mr. Silverhardt also currently serves as president of 777 Equipment Finance, a member of the 777 Partners family of companies.

With 30 years of experience, Silverhardt’s knowledge of the specialty finance industry is considerable; he is a recognized leader in the industry, having owned and led several equipment finance companies that originated business indirectly through independent equipment dealers and manufacturers throughout the United States. Previously, Silverhardt was owner and CEO of Equilease Financial Services, co-owner and president of North Mill Equipment Finance, CFO of ICON Capital and Federated Capital Corp. He began his career as a CPA with Coopers & Lybrand.

Steven Pasko, co-founder and managing partner of 777 Partners, Speed Leasing’ s parent company, said, “Gary has an entrepreneurial mindset, demonstrated leadership skills and a strong strategic vision, all of which are instrumental in achieving Speed Leasing’s goals. I believe his background and experience in developing vendor/dealer origination channels in the equipment finance industry will enhance the company’ s growth. We’re confident Gary will be able to take Speed Leasing to the next level.”

Frank Dionisi and Brian Cramer, two members of the Speed Leasing Executive team, echoed Mr. Pasko’s enthusiasm. “We are very excited to work with with Mr. Silverhardt, and to learn from his decades of experience in the leasing industry.”

Mr. Silverhardt stated, “I’ m looking forward to leading an outstanding group of individuals whose efforts have already made Speed Leasing a leader in motorcycle financing. The Speed Leasing team has developed an attractive array of products that offer a creative means of obtaining a motorcycle for those seeking an alternative to traditional financing. As a member of the 777 Partners team, I’m thrilled to be taking on this exciting opportunity.”

Headquartered in Dania Beach, Florida, Speed Leasing Company LLC is the premier indirect lessor of Harley-Davidson and Indian motorcycles in the US. Speed Leasing’s distribution footprint has grown to 22 states and 400 dealer partners since its founding in January 2017. Speed Leasing’ s attractive motorcycle financing programs offer low monthly payments, no mileage restrictions, minimum cash down payments, and fast credit approval.

Speed Leasing is a portfolio company of 777 Partners LLC. Headquartered in Miami, FL, 777 Partners is a private investment firm that has expertise in financial services and over $2 billion of assets. 777 Partners specializes in control investments across a broad array of industries and geographies and, to date, has deployed capital across various verticals including insurance, consumer finance, litigation finance, financial technology, aviation, energy, and infrastructure, as well as other special opportunities.

Link: Speed Leasing

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