GreatAmerica Financial Services

Updated on Nov 03, 2023

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Industry Financial Services Number of employees 500 Type Privately held company		Website greatamerica.com Founded 1992

Number of locations Marshall, Minnesota Kennesaw, Georgia Moberly, Missouri Key people Tony Golobic, Chairman and CEO Headquarters Cedar Rapids, Iowa, United States Locations Marshall, Kennesaw, Moberly Subsidiaries GreatAmerica Leasing Receivables Funding, LLC

GreatAmerica Financial Services is a national commercial equipment finance company that provides financing and consulting services in the United States, and some of the U.S. Territories.

Life as an intern abby kluesner greatamerica financial services

History

The company was founded in 1990. In 1992, the company relocated from Michigan to Cedar Rapids, Iowa and became GreatAmerica Leasing Corporation. At that time, there were only four employees, which included founder Anton (Tony) Golobic, his wife Magda, and two others. In November 2012, the company adopted the new trade name GreatAmerica Financial Services Corporation.

In 2004, an investment group including GreatAmerica Leasing Corporation and CEO Tony Golobic purchased the GreatAmerica Building for $16 million. During the Flood of 2008, the company activated their disaster recovery plan and relocated staff and resources to pre-arranged recovery sites. Staff did not return to the GreatAmerica building in downtown Cedar Rapids for 68 days.

In late 2009, GreatAmerica Leasing Corporation surpassed $1 billion in assets.

In June 2011, the company purchased the GreatAmerica building from River Cedar Properties LLC for an undisclosed amount. GreatAmerica Financial Services Corp. now has a staff of more than 500 employees at its headquarters in Cedar Rapids, and offices in Georgia, Minnesota, and Missouri.

Lines of business

Through seven core business units, GreatAmerica Financial Services serves partners in the following industries:

Document and mailing solutions

Telecommunications, or Telecom

Light Industrial/Construction Equipment, Survey and GPS

Information Technology, or IT

Automotive aftermarket

Medical equipment (includes physician medical equipment, laboratory and diagnostic)

Brokers dealing with essential use equipment

Auto Dealerships

Third-party, back-up, and successor servicing

Awards

In March 2011, Monitor Leasing News ranked GreatAmerica Leasing Corp. as the largest U.S. private independent leasing company.

In September 2011, The Des Moines Register ranked the company as one of the best places to work in Iowa.

In 2011, listed on the INC 5000 as one of Iowa's fastest growing companies.

Corporate Culture

GreatAmerica Financial Services routinely ranks as one of the best places to work in the state of Iowa. The organization chart places the customer at its center, surrounded by teams supported by senior leadership. The idea was to establish teams of cross-trained individuals with intimate knowledge of their customers and who were responsive to their myriad needs. The scalability of the team structure also preserved the intimate, small-company feel as GreatAmerica expanded. Teams of empowered individuals rising to their potential and making informed decisions continue to benefit the company and its customers today. Everyone at GreatAmerica participates in a bonus structure that integrates personal and company goals that help grow GreatAmerica and reward individual team member accomplishments.

References

GreatAmerica Financial Services Wikipedia

(Text) CC BY-SA