Placentia, CA, March 15, 2008 --(
PR.com)-- SC Equipment Funding has announced a new program for lease syndication. This program is distinguished by its use of multiple lessors and funding sources which will provide various percentages of the funding for a lease. The lease syndication program will allow SCEF to provide funding sources for leases that are too large for single lessors.
Lease syndication has significant benefits for all parties in the lease transaction. “Not only does lease syndication protect the single lessor from the risk of credit exposure,” explains company spokesman Bruce Braviroff, “but it also can provide more competitive pricing to the lessee.” By blending various lease products through lease syndication, SCEF will be able to offer extremely competitive terms even for leases that fall outside the requirements of any single lessor.
Because of its long, established position in the equipment leasing industry, SC Equipment Funding is able to bring together various lessors and funding sources with whom they have worked with for a long period of time. “There is a substantial amount of trust and respect among the lease syndication participants,” says Braviroff. This trust is essential for a successful lease syndication. “Our clients must be confident,” insists Braviroff, “that the trust they have in us is mutual among all the lease syndication participants.”
About SC Equipment Funding®
SC Equipment Funding began in 1984 with the aim of providing expert equipment leasing to a wide variety of domestic businesses. From the main facility located in North Orange County, California, the company provides funding for equipment acquisition for all types and sizes of businesses. SC Equipment Funding provides lease programs through several financial partners as well as the company's own funding sources. This diversity of leasing products allows SC Equipment Funding to be extremely competitive while providing unique funding programs.
For further information about SC Equipment Funding and the company's equipment leasing programs can be found at www.scequipmentfunding.com.
SC Equipment Funding
895 E. Yorba Linda Blvd.
Placentia, CA 92870
Phone: 714-996-1298
Fax 714-200-0314
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