Speed Leasing targets 5K leases in 2020
Speed Leasing is aiming to originate 5,000 leases by yearend 2020, Chief Sales Officer Frank Dionisi told Powersports Finance. The lessor first began originating in 2017 and has financed 7,000 leases to date. “As far as volume, 2018 was huge, and 2019’s been better than that,” Dionisi said. “But I think that if we can expand our […]
Speed Leasing appoints new CEO
Gary Silverhardt, a veteran of the finance industry, has been appointed as the chief executive of Speed Leasing effective immediately, Powersports Finance has learned. Silverhardt will serve as the successor to Hasham Malik, who left the company in April, according to his LinkedIn account. Malik was the founder and chief executive of Speed Leasing since Jan. 2017. In addition […]
Speed Leasing Supports Southeast Dealers, Staffs Up Sales and Underwriting
Speed Leasing has made additions to its underwriting and sales teams with the hiring of Mindance Jones and Amanda White, the company has announced. Jones joins the team as a field sales representative supporting dealers located in the southeastern region of the U.S., concentrating on North Carolina, South Carolina, Georgia and Florida. Previously, she was the […]
Speed Leasing Promotes Executives to Guide Geographic Expansion
Speed Leasing has promoted Brian Cramer to chief operations officer and Frank Dionisi to chief sales officer, the company has announced. In their newly created roles, Cramer and Dionisi will support Speed Leasing by “adding more states, more dealer partners, and growing our team of experts,” Dionisi told Powersports Finance. “Our priorities are always to support building […]
Speed Leasing Staffs Up Sales and Marketing Teams
Speed Leasing has made additions to its sales and marketing teams with the hiring of Scott Hall, Jennifer Thompson, and Faiza Velez, the company announced. Hall and Thompson join the motorcycle lessor as inside sales executives. The two will be responsible for providing service to the dealer network as an extra communication channel when the in-the-field salespeople are […]
Speed Leasing on Track to Hit $30M in Originations
Speed Leasing originated more than $20 million worth of leases through June and is on track to add another $10 million before the summer season closes, Frank Dionisi, the lessor’s national director of sales, told Powersports Finance. “We are growing rapidly, but we are growing on plan,” Dionisi said. The company is on track to originate $30 […]
Speed Leasing Staffs Up Sales Team For Dealer Support
Speed Leasing is adding three new members to its sales team in order to better support the lessors growing dealer base, the company announced in a press release. Vince Alessia, Gary Lott, and Adam Bliss will join the team as field sales managers. The three will join Brittany Stratton, who has been with Speed Leasing since […]
Harley-Davidson Dealer Observes Increased Action in Used-Market
Capital City Cycles, a used-motorcycle dealership that primarily sells Harley-Davidsons, has seen increased activity in the used-powersports industry, Manager Brandon Collins told Powersports Finance. “As more people ride, you get more types of buyers in the market and I think the used-motorcycle industry is taking off faster than it ever has,” Collins said. Motorcycle sales were […]
Speed Leasing Spurs Applications Through Sturgis Rally Contest
Speed Leasing, official leasing sponsor of the Sturgis Motorcycle Rally, aims to drive dealer engagement through the launch of a monthlong contest tied to the event. For every application submitted and deal funded in May, dealers in Speed Leasing’s network will receive Speed Points. The dealership with the most Speed Points will win a trip […]
Speed Leasing Expands Model Year of Bikes Financed
Speed Leasing is expanding back the model year of motorcycles the Harley-Davidson-only finance company will finance to 2007, Frank Dionisi, director of sales, told Powersports Finance. With the new program, Speed Leasing will finance any model of pre-owned Harley-Davidson motorcycle with no restrictions placed on mileage. The motorcycle lessor will likely still service 2007 bikes when 2019 models […]
