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Huntington Equipment Finance Advancing in Monitor 100 List
of Top U.S. Finance/Leasing Companies
CONTACT:
Ron Newman 1-614-480-3077 ron.newman@huntington.com
COLUMBUS, Ohio -- September 8, 2005 -- Huntington Equipment Finance, a division of Huntington National Bank, has once again been named to the Monitor 100, a ranking of the 100 largest and fastest growing equipment financing/leasing companies in the United States. Huntington advanced from 77th to 66th overall in the industry and from 66th to 57th in new business volume among the nation's leading leasing companies. The rankings were based on net investment in equipment related loans and leases as reported in year-end 2004 data. "It's been a great year, as our net assets volume grew over 20%," said Rob Allanson, president, Huntington Equipment Finance. "We are pleased to again be recognized as one of the top equipment financing and leasing companies in the country. Equipment Finance is a prime example of the national resources Huntington brings to our local banking." Huntington Equipment Finance has over $415 million in assets under management and serves the large and small financing needs of more than 500 clients. Its customized products include Small Ticket Leasing, a small business and vendor based equipment-financing solution. LeaseNet, a wholly owned subsidiary of Huntington Equipment Finance, manages and disposes of technology and related capital equipment and is one of the largest independent lessors of technology in the Midwest. "These rankings show that Huntington's commitment to customer service and our focus on teamwork are making a difference in the eyes of our customers," concluded Jeffry Elliott, senior vice president of Huntington Equipment Finance. Launched in 1974, the Monitor is the most widely read publication in the equipment leasing and finance industry. About Huntington Huntington Equipment Finance is a division of The Huntington National Bank, the principal subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN), a $33 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has more than 139 years of serving the financial needs of its customers. Huntington provides innovative retail and commercial financial products and services through more than 300 regional banking offices in Indiana, Kentucky, Michigan, Ohio, and West Virginia. Huntington also offers retail and commercial financial services online at huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of approximately 800 ATMs. Selected financial service activities are also conducted in other states including: Dealer Sales offices in Florida, Georgia, Tennessee, Pennsylvania, and Arizona; Private Financial and Capital Markets Group offices in Florida; and Mortgage Banking offices in Maryland and New Jersey. International banking services are made available through the headquarters office in Columbus and an office located in the Cayman Islands and an office located in Hong Kong.
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