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For Immediate Release

Minnetonka, MN – (October 15, 2025) – KLC Financial, a Gulf Coast Bank & Trust company, is proud to announce that Chief Financial Officer Kevin Kelly has been recognized by Monitor magazine as one of the Most Influential People in Equipment Finance for 2025, earning a place in the Market Movers category.

Monitor’s Most Influential People in Equipment Finance list honors the leaders, top talent, and changemakers shaping the future of the industry. Within this list, the Market Movers category highlights executives in capital markets, lender finance, securitization, or investment who play a pivotal role in driving capital flow and structuring the equipment finance ecosystem.

As CFO, Kevin has been central to strengthening KLC’s capital position, leading the company through its integration with Gulf Coast Bank & Trust, and building financial strategies that enable long-term growth and flexibility. His leadership in lender finance and market structure exemplifies the qualities that the Market Movers award is designed to celebrate.

“Kevin’s expertise and steady leadership have been instrumental in positioning KLC for continued growth,” said Spencer Thomas, CEO of KLC Financial. “His ability to connect financial strategy with market opportunity reflects the very essence of what it means to be a Market Mover.”

“I’m honored to be recognized alongside so many industry leaders,” said Kevin Kelly. “This award is not only a reflection of financial leadership, but of the entire KLC team whose work continues to strengthen our clients, partners, and the equipment finance industry as a whole.”

This recognition underscores KLC Financial’s continued leadership in the equipment finance industry. With nearly four decades of experience and the strength of Gulf Coast Bank & Trust behind it, KLC remains committed to empowering businesses with flexible financing solutions and the people-first values that set it apart.