RBJ - Rapid growth, strong earnings - Page 2

Specially designed employee space at High Point was created with hybrid work in mind .
Open , well-ventilated collaboration rooms . The office design took post-COVID-19 protocols into consideration . ample time seeking ideas and getting feedback from employees to create a space that incorporated collaboration , flexibility and the future of work .
The move to High Point also allowed the company to better position itself for growth , Sikora said . The business was previously located in nearly 75,000 square feet of space at Woodcliff Office Park .
The company now occupies more than 85,000 square feet at High Point , where the building offers a total of 150,000 square feet . First American takes up half of the second floor and all of the third and fourth floors of the building .
The new office features floor-to-ceiling windows , unique collaboration spaces , over 20 virtual meeting studios , 10 phone booths for individual workspaces , and state-of-the-art conference rooms with Zoom technologies to accommodate hybrid work .
The new headquarters also feature a live plant wall , a family artwork wall , large kitchens and a cafeteria with shuffleboard and a fireplace .
The focus is on providing clients with the highest quality digital experience coupled with professional relationships with employees who are experts in equipment financing , Sikora said .
The business continues to invest in new teams that create growth opportunities , such as its logistics and distribution division that provides
financing to distributors , wholesalers and transportation companies , he noted .
First American operates in a massive industry with over 4,000 competitors , from banks to captive and independent lessors .
The equipment finance industry typically mirrors GDP growth , Sikora explained .
There will be $ 1.8 trillion worth of capital investments this year with $ 900 billion acquired through financing , according to data from the Equipment Leasing and Finance Association .
The data shows the services First American provides continue to be in demand .
“ Our clients are demonstrating demand for our product and eagerness to get projects started ,” Sikora said . “ They continue to invest in technology hardware , software and business expansions .”
David DeLary , strategic sourcing manager-capital with Rochester Regional Health , said he has been working with First American over the past 3 ½ years since he started at RRH .
The health system leases some of its capital equipment through the firm and DeLary spoke highly of First American employees .
“ They are the most friendly , enjoyable and professional group of people I ’ ve ever worked with ,” he said .
Reprinted by EnVeritas Group with permission from Rochester Business Journal . www . enveritasgroup . com | AT041322