InsurBanc Introduces Equipment Leasing Program

February 16, 2007

InsurBanc, a federally charted savings bank serving independent insurance agents, brokers and their clients, is rolling out its Agents’ Express Leasing program, a new equipment leasing plan for agencies and their clients.

The program is a result of a new partnership between InsurBanc and equipment financing expert, De Lage Landen Financial Services of Wayne, Penn. Agents’ Express Leasing offers terms from 12 to 60 months and is available for, but not limited to, financing the following equipment types:

* Computers and software
* Office technology: telephones, printers, copiers, fax machines, audio/visual equipment
* Office Furniture and accessories; desks, cubicles, file cabinets, bookcases, signs and cctv security
* Commercial automobiles.

With a minimum transaction of $5,000, terms for most equipment leases are available with no money down, 100 percent financing and lower monthly payments then traditional loan alternatives. Leasing for commercial automobiles includes unlimited mileage terms.

“Our equipment leasing program will now allow independent agents to utilize current technology in order to work more efficiently and stay competitive,” said Robert J. Pettinicchi, executive vice president and chief lending officer. “We are excited to offer this innovative service to our clients and remain dedicated to providing specialized banking products and services for independent insurance agents and brokers.” He added, “Providing leasing, along with our other attractive financing options, allows us to work with the client to determine the best approach.”

Source: InsurBanc, www.insurbanc.com.

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