About CEFI

Commercial Equipment Finance, Inc. (CEFI), founded in 2009 and based in Puerto Rico, is the largest independent, full service commercial equipment finance and leasing company committed to provide tailored financial solutions to meet the needs of growing businesses. CEFI has financed and leased over $800 million in commercial assets to over 2,250 customers in Puerto Rico and the United States and has a lending platform to fulfill the commercial equipment needs of companies of all sizes.



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Our History

CEFI has financed over $800MM in commercial equipment to 2,250+ businesses.

2009

CEFI is founded by tenured industry veterans, Ricardo Ríos Bolívar & Guillermo Pérez Tur.

2010

CEFI obtains a lending facility from the Economic Development Bank of Puerto Rico ($5MM).

2013

CEFI expands its lending facility to include a revolver ($4MM) of FirstBank of Puerto Rico.

2014

CEFI reaches $100MM in originations since inception

2015

CEFI expands its originations platform to Florida and closes a $31MM warehouse facility with FirstBank of Puerto Rico.

2016

CEFI reaches $200MM in assets under management (AUM).

2017

CEFI founders acquires all the ownership of CEFI in a stock purchase.

2018

CEFI finances equipment to its 1,000th customer and expands its warehouse facility to $41MM with FirstBank of Puerto Rico.

2019

CEFI celebrates its 1st decade in business and expands its origination platform to Texas.

2020

CEFI reaches $400MM in originations since inception and expands its funding structure to $76MM amongst FirstBank of Puerto Rico & KeyBank.

2021

CEFI celebrates it 1,700th customer, expands its origination platform to Georgia and closes an inaugural securitization rated by DBRS Morningstar.

2024

CEFI celebrates its 15th anniversary of helping businesses obtain the equipment they need to be successful and prosper.