Five West Financial sets record for monthly application volume in August 2026
Applications are up 60 percent year over year and funded applications up 40 percent, with August nearly doubling the company's previous single-month record.
Tempe, Ariz. — September 1, 2026
Five West Financial, a commercial equipment finance firm serving businesses nationwide, today announced that August 2026 was the highest application month in the company's history, nearly doubling its previous single-month record set in 2025.
The August result caps a year of sustained growth across both submitted and funded business. As of September 1, 2026, the company reports the following year-over-year figures:
Application volume and funded volume grew together rather than diverging, which the company attributes to a steady mix of repeat borrowers and referrals from established vendor relationships rather than to a single campaign or channel.
August was the largest application month in this company's history, and it nearly doubled the record we set last year. Growth like that does not come from a marketing campaign. It comes from vendor partners who trust us with their customers, and from borrowers who come back the next time they need a machine.
Five West Financial arranges equipment finance agreements, leases, sale-leasebacks, and SBA financing through a network of 19 funding sources, and builds vendor finance programs for equipment dealers, distributors, and manufacturers. The vendor side of the business has been a meaningful contributor to the year's growth, with dealer and manufacturer partners routing customer financing through Five West at the point of sale.
The company credited its vendor partners and returning customers directly for the result.
"Our vendor partners put their own customer relationships on the line every time they hand us a file, and we do not take that lightly," the company said. "The same is true for the business owners who came back to us for a second or third piece of equipment. Those are the two groups that built this number."
Looking ahead
Five West Financial said it expects to report quarter-end results shortly and intends to carry the year's growth rate into the remainder of 2026, with continued investment in the systems and processes that support equipment dealers, manufacturers, and the small businesses buying from them.
We are watching the quarter-end numbers closely, but the number that actually matters is how many of these applications come from someone we have already funded. That is the honest measure of whether we are building something a small business owner wants to use twice.
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About Five West Financial
Five West Financial is a commercial equipment finance firm based in Tempe, Arizona, serving businesses nationwide as well as U.S. territories and cross-border. The company arranges equipment finance agreements, equipment leases, sale-leasebacks, and SBA 7(a) and 504 financing through a network of 19 funding sources, and designs vendor finance programs for equipment dealers, distributors, and manufacturers.
Five West Financial serves industries including medical, dental, chiropractic, vision and imaging; construction, manufacturing, machine tools, material handling and packaging; commercial trucking, auto repair, commercial laundry, and landscaping and forestry; audio visual, IT hardware and software; and state and local municipalities and non-profits.
More information is available at fivewestfinancial.com.
Media contact
Five West Financial
64 E Broadway Rd, Suite 262
Tempe, AZ 85282
support@fivewestfinancial.com
(855) 957-9438
Figures cited are internal, unaudited company metrics as of September 1, 2026, comparing the stated periods to the same periods in the prior year. This announcement is not an offer or commitment to finance. All financing is subject to credit approval and underwriting.