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The founder, president and principal owner of Providence Financial Company, Inc. is Brent H. Van Alfen.
After earning his MBA degree in 1969 from Utah State University, he worked in banking and was a registered
representative of the New York Stock Exchange, NASD and American Stock Exchange while employed by a major
national brokerage firm. His interest in and aptitude for finance, financial consulting and brokering led him
to establish PFC in 1974, later incorporating in the State of Utah in 1978.
In the early years, his primary
business was equipment leasing and lease brokering. He was one of the first lease brokers in the area and
specialized in leasing agricultural equipment. In that capacity, he introduced the agricultural equipment
leasing business to several major banks and lending institutions and brought the ag leasing alternative to
the Intermountain area where it previously did not exist.
Over the years, his leasing activities spread
to many more types of equipment and to many and varied categories of lessees. Included in his client
profiles are farmers, small businesses, high tech businesses, Native American business enterprises,
manufacturers and food processors. Further, he broadened his business base to include other types
of business credit including commercial mortgage loans, receivable and inventory lines, etc. He also
arranged funding for a large rural apartment development using an FmHA rural development loan.
In addition to his financial brokering activities, Mr. Van Alfen has acted as a principal and consultant to the following business efforts.
He arranged for the funding of a software development company that developed several Internet tools that made searching, researching, and providing practical applications for the Internet more user friendly. Mr. Van Alfen then found a buyer for the company and negotiated the terms of a very profitable sale transaction for the owners.
He arranged funding for and oversaw the development of one of the first software programs that located fax numbers by phone and built fax lists for one of the first blast fax marketing companies in the country. He then sold the company to a prominent public corporation.
In the manufacturing sector, Mr. Van Alfen was a principal and advisor to two companies that manufactured diesel engine components. These components were sold throughout the country by a distributor network. As they reached critical mass, Mr. Van Alfen sold the companies to larger corporations.
These and other entrepreneurial venture capital projects and small to medium size business holdings have given Mr. Van Alfen a unique perspective on the financial challenges of starting, growing, and managing a business. There are very few, if any, types of commercial financing that he has not participated in or is not familiar with.
More recently, he has provided consulting and brokering services to charter schools, churches, and many types of commercial projects. His assistance is not only helpful to the owners but also the contractors and architects who are involved in these projects.
By the way, don't worry about pronouncing Van Alfen, just call him Brent.
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