RIPON, Wis. – (October 1, 2014) – Alliance Laundry Systems, the leading global commercial laundry equipment provider, is pleased to announce the promotion of Matthew Westphal to Financial Services Manager for all of Alliance’s finance groups.
"Matthew has been instrumental in the growth and development of our distributor finance programs since joining Alliance six years ago,” said Todd Rice, director of Financial Services for Alliance Laundry Systems. “In this time, he has developed a strong aptitude for the laundry industry and developing and underwriting successful financing solutions to support our customers’ needs.”
Most recently, Westphal served as manager of Speed Queen® Financial Services. In his new role, he will work with all of Alliance's finance groups, including Huebsch® Financial, IPSO® Finance, Speed Queen Financial Services and UniMac® Funding. In his new role, he will be responsible for all equipment loan underwriting and origination, finance program and promotion development, marketing services support, and distributor and customer relationship development.
"As the market leader, we have developed a very deep talent pool within our financial services organization,” added Rice. “The opportunity to select from this pool and reward Matthew with this promotion is very gratifying and demonstrates this strength of Alliance.”
“I look forward to growing with Alliance with this new opportunity, while expanding current financial solutions and developing additional services that will help our distributors and customers succeed,” said Westphal.
Westphal received his B.A. in Economics and Business Management from the University of Minnesota. Prior to joining Alliance, he worked for U.S. Bank and Ameriprise Financial.
Media Contact: Marit Harm, email@example.com or 414.292.0217
About Alliance Laundry Systems
Alliance Laundry Systems is a leading designer, manufacturer and marketer of commercial laundry equipment used in laundromats, multi-housing laundries and on-premises laundries. Under the well-known brand names of Speed Queen®, UniMac®, Huebsch®, IPSO®, Cissell®, Primus®, Lavamac® and Deli®, Alliance produces a full line of commercial washing machines, dryers and ironers with load capacities ranging from 12 to 265 pounds. Certain commercial products are also sold in the consumer laundry marketplace. Alliance Laundry’s worldwide employment combined with Primus Group was 2,528 at the end of December 2013. With combined 2013 net revenues of $670.0 million, Alliance Laundry is the world’s leading manufacturer of commercial laundry equipment. For more information, visit www.alliancelaundry.com.