The government is struggling with how to pay for all of the assets needed to stay on the cutting edge of providing all of that security, and creative financing can provide solutions. - Art Hyman, AGLF Fall Conference Co-chair
Superior, CO. (PRWEB) October 05, 2015
Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced that Art Hyman, senior vice president and manager of federal financing, is co-chairing the 35th Annual AGLF (Association for Governmental Leasing and Finance) Fall Conference Nov. 4-6, 2015, in St. Pete Beach, Fla. Key Government Finance is also a sponsor for the conference, which will focus on homeland security, and will also provide panelists for several discussions.
“Homeland security is an approximately $65 billion a year industry across all governments in the U.S., and it is growing pretty rapidly,” said Hyman, who is co-chairing the conference with Maneesh Jhunjhunwala, vice president of risk for De Lage Landen. “We’ve all heard about major corporate and federal agency hacks and their effect on individual identity and security elements. The government is struggling with how to pay for all of the assets needed to stay on the cutting edge of providing all of that security, and creative financing can provide solutions.”
The federal government procures about $200 billion of personal property (non real estate) assets a year, with financing used for less than 1% of those procurements, Hyman said. “That leaves a lot of room for the role of financing to help governments acquire the equipment they need to maintain data security and other critical functions.”
The AGLF Fall Conference will provide educational sessions on lease transactions in the federal space; cyber threats; homeland security; critical infrastructure security; municipal bonds, loans, leases and notes; understanding federal IT procurement; municipal brokers and municipal funding; federal finance; vendor municipal leasing; legal perspectives on federal leasing, and legal issues around securities, tax, federal and state law developments.
“The Fall AGLF conference will focus on the challenges faced by government officials while also educating attendees on the benefits and possibilities of creative financing in the public sector,” Hyman said. “We hope to attract not only regular AGLF members but also new members working in the government financing space.”
For more information on the conference and registration details, visit http://www.aglf.org/aglf-fall-conference.
Key Equipment Finance offers equipment financing and business leasing solutions to a range of business types and industries. Learn more at http://www.keyequipmentfinance.com.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 42 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a lease capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages $9 billion in assets and originates $4.8 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation’s largest bank-based financial services companies, Key had assets of approximately $94.6 billion at June 30, 2015.
Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.