Corporate News

GreatAmerica Financial Services (GreatAmerica) proudly announces its expansion into the rapidly growing additive manufacturing market, also known as 3D printing. To spearhead this expansion, GreatAmerica has appointed additive manufacturing and finance industry veteran, Dan Kehr, as senior director, Specialty Markets Group. This strategic move aligns with the company's commitment to purposeful growth and supporting innovative industries with financing and business solutions.

Fund is an Important Component of Newly Branded GreatAmerica Gives Back Initiative GreatAmerica Financial Services Corporation® announced today that its Employee Advised Fund completed its annual fall 2024 pledge to the community by awarding $250k to nonprofits in the Eastern Iowa area. The fund is a key component of a broader initiative GreatAmerica has branded GreatAmerica Gives Back, which encompasses all time, talent and treasure the company and its team members dedicate to philanthropic efforts for the communities they serve.

Only Finance Company Honored in Category since its inception in 2016 The Cannata Report presented GreatAmerica Financial Services with its Frank Award for Best Leasing Company during its 39th Annual Awards & Charities Gala at The Madison Hotel in Morristown, New Jersey on Thursday, November 7th. The Frank Award winners were chosen by Office Equipment Dealers who responded to The Cannata Report 39th Annual Dealer Survey. Winners were chosen in 14 distinct categories.

AUSTIN, TEXAS, Monday, Oct. 28, 2024 – The Equipment Leasing and Finance Association (ELFA) has named Tony Golobic and Bruce Kropschot to the 2024 Class of the Equipment Finance Hall of Fame. ELFA Board Chair Rob Boyer made the announcement this morning at the General Session of the 63rd ELFA Annual Convention in Austin, Texas. The official induction ceremony took place on Oct. 26 at the Chair Dinner preceding the ELFA Annual Convention.

Office Technology Providers and Customers Incorporate Financing into their Digital Sales Process GreatAmerica Financial Services and B2BToolbox announced a new capability that integrates financing into an e-commerce platform. This collaboration enhances the sales process for office technology providers and offers a fully digital experience for their customers.

GreatAmerica Financial Services Corporation® is excited to announce the recent hiring of strong industry talent into their Connected Technology division, led by Jonathan Fales who will serve as Vice President and General Manager. Fales is a senior executive with more than 47 years’ experience in the US, Europe, and Asia most recently serving as a Divisional President. He is a former partner with The Alta Group, and former executive with IBM Global Financing. Jonathan is a graduate of Vanderbilt University.

GreatAmerica Financial Services Corporation® announced today that its Employee Advised Fund fall application period opens after the Labor Day weekend to nonprofits in the Eastern Iowa area. Applications will be accepted September 3 through September 30, 2024, 4:30 PM Central. The Employee Advised Fund, launched in 2022 is in addition to the GreatAmerica Donor Advised Fund, established in 2001. The combined funds provide more than $1.1 Million to projects in the Cedar Rapids/Iowa City Corridor each year. Both funds are managed by the Greater Cedar Rapids Community Foundation.

The 20 broadens service capabilities with strategic acquisition of Iowa-Based Master MSP PLANO, Texas, Aug. 1, 2024 /PRNewswire-PRWeb/ -- Leading MSP growth platform The 20 today announced its acquisition of Collabrance, LLC., an award-winning master managed IT services provider based in Cedar Rapids, Iowa. This latest deal marks the Texas-based company's ninth of the year and the 35th acquisition since entering the M&A arena in late 2022.

(Cedar Rapids, IA) – GreatAmerica® Financial Services Corporation announced that it has closed on its 25th term securitization with $641,875,000 of privately placed bonds. S&P and Fitch rated 93.4% of the bonds in the transaction as AAA, unchanged from the prior eight transactions from GreatAmerica. This transaction brings GreatAmerica’s life-to-date bond issuances to $10.5 billion.

GreatAmerica Financial Services Corporation® announced today that its Employee Advised Fund completed its annual spring pledge to the community by awarding $250k to nonprofits in the Eastern Iowa area. It is the first of two giving cycles in 2024. Additionally, GreatAmerica awarded $602,500 from their Donor Advised Fund in the spring 2024 giving cycle for a total of $852,500 benefitting Cedar Rapids and surrounding communities.