COSTA MESA, Calif., March 13, 2018 (GLOBE NEWSWIRE) — Ampil, a division of Insight Investments, LLC dedicated to delivering independent, customized vendor finance programs for technology manufacturers, systems integrators (SIs) and Managed Service Providers (MSPs), today announced the expansion of its leadership team.
Mike Jones has joined Ampil as senior vice president of vendor finance and Steve Fiasco will serve as the organization’s northeastern business development executive. Both leaders are committed to extending the benefits of Ampil’s holistic and client-focused approach to financing programs that make it significantly easier for customers to acquire vendors’ technology products and solutions. In addition, as Ampil continues to expand, the organization will be looking to extend its services to the financing of additional collateral types.
“We launched Ampil less than a year ago and have received tremendous response from the marketplace. Growing our originations in core collateral while bringing our capabilities to new markets will be important factors in our aggressive growth goals,” said Scott Sullivan, executive vice president of Insight Investments. “Mike and Steve understand what it takes to deliver the kind of flexible and full-service programs that have a positive impact for our clients. They bring the experience and leadership that will support Ampil’s current and future growth.”
An industry veteran, Mike Jones brings more than 25 years of executive management and sales experience in vendor finance with both independent and bank-owned finance companies. Prior to joining Ampil, Mike was a senior vice president of First American Equipment Finance where he started and grew the Vendor Finance Division. He holds a Bachelor of Science degree in Accounting from the University of Texas, Dallas.
Steve Fiasco is a seasoned executive with more than 20 years of business development and sales management experience focused on channel and vendor program development. Prior to Ampil, Steve served as vice president, technology finance sales manager for CIT Equipment Finance. He holds a Bachelor of Science degree from New Jersey City University.
Ampil, a subsidiary of Insight Investments, LLC, provides custom vendor financing programs for technology manufacturers, systems integrators (SIs) and managed service providers (MSPs). Partnering with Ampil enables vendors to offer their customers flexible payment options including leasing, financing, and various usage based-billing alternatives. Ampil’s offering allows vendors and channel organizations to sell more solutions, more profitably, while ensuring incremental revenue and income opportunities in the future. For more information, visit www.ampil.com.
About Insight Investments, LLC
Based in Costa Mesa, California, Insight Investments, LLC helps companies worldwide better control their technology acquisition, leasing, and management requirements. Since 1987, the company has provided a wide array of solutions designed to fit specific customer needs including new and used equipment acquisition, custom leasing and financing, asset management, off-lease portfolio management, excess equipment disposal, and IT solutions for the software defined data center. For more information, visit www.insightinvestments.com.