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First Western Equipment Finance Names Adam Ohme SVP of Operations
First Western Equipment Finance Names Adam Ohme SVP of OperationsNew operations leader to focus on technology, process improvement and vendor experience EDEN PRAIRIE, Minn., April 27, 2026 — First Western Equipment Finance (FWEF) has named Adam Ohme senior vice president of operations, a strategic hire as the company deepens its investment in vendor finance […]
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What Happens After You Apply for Equipment Financing?
Applying for equipment financing might just be an item on that pesky to-do list that seems daunting, but submitting an application is the first step toward securing the equipment your business needs. But many business owners wonder what actually happens after applying for equipment financing. At First Western Equipment Finance, our goal is to […]
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Lease vs. Finance vs. Cash: How to Choose the Best Fit for Your Business
When your business needs equipment, one of the first questions is how to pay for it. Should you lease it, finance it, or pay cash? There is not one right answer. The right choice depends on your priorities. Some businesses want to preserve cash and others want long term ownership; some want the flexibility […]
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Equipment Financing Checklist: What You Need to Get Approved Faster
Are you preparing for an equipment purchase for your business? Having the right details ready helps our team at First Western Equipment Finance review your request quickly and get you the equipment you need faster. Whether you are financing heavy-duty rental equipment, machinery for municipal entities, or specialized tools, being prepared can help move […]
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Equipment Financing 101: How the Process Works From Quote to Funding
Equipment plays a critical role in keeping your business productive, competitive, and ready for what’s next. Equipment financing is one way businesses make these investments without disrupting budgets and workflows. What should you know before getting started? This guide outlines how equipment financing works from quote to funding, including the steps involved, common delays, […]
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Section 179 Explained
2023 Updates: $1,160,000 deduction limit and $2,890,000 equipment purchase limits. Once this amount is reached, businesses can take bonus depreciation (80%) for equipment placed into service from Jan. 1, 2023 – Dec. 31, 2023. Section 179 is a valuable tax benefit and one every business should know about. Accept an immediate tax break on […]
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FWEF Partners with Toro and ARA Foundations to benefit Fort Snelling State Park
On September 14th and 15th, First Western Equipment Finance, alongside our First Western Bank & Trust colleagues participated in a project to improve historic Fort Snelling State Park in St. Paul, MN. The Toro Company Foundation in partnership with The ARA Foundation hosted the event where volunteers installed a nature play area, moved dirt deposited […]
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Time to buy new equipment? Business owners can be eligible for a tax break under Section 179
As 2021 comes to a close, this is a great time to take one last look at your upcoming equipment needs and decide if now is the time for an upgrade or expansion. That’s because the enhancements to the existing Section 179 deduction, passed under the Tax Cuts and Jobs Act of 2017, provide more […]
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First Western Equipment Finance Partners with Local Animal Rescue
First Western Equipment Finance has long supported Second Hand Hounds, a local non-profit animal rescue here in Minnesota. On November 14th as part of Give to the Max Day, we have contributed to Second Hand Hounds’ great mission of making an impact on the lives of animals in our community. Thanks to Give MN’s Give […]
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Does Your Finance Agreement Fit the Needs of your Rental Business?
There’s a lot to love about being in the equipment rental business. But setting up a new equipment finance agreement to update your inventory is not one of those things. In fact, the thought of that next contract may give you a queasy feeling. Maybe it’s because when you approach the typical lender for financing […]
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