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Service overview
LEAF delivers a wide assortment of financial products and solutions to a broad range of markets including technology, commercial & industrial, healthcare, and franchise finance.
LEAF accesses these markets by strategically partnering with equipment vendors in each segment providing leasing and financing.
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LEAF Financial Corporation Closes New $150 Million Credit Facility 11/24/2008
LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. (NASDAQ:REXI), announced today that it has entered into a new, five-year revolving $150 million credit facility with a major international bank. This facility will support the activities of its public limited partnership, LEAF Equipment Leasing Income Fund III, L.P. Approximately $100 million of the facility will be used to refinance a maturing credit facility with Merrill Lynch, and the remainder will be used to fund the ongoing originations of LEAF III.
read moreLEAF Financial Corporation Announces the Extension of a $205 Million Credit Facility 11/14/2008
LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. (NASDAQ:REXI), announced today that it has entered into an extension of one of its credit facilities led by Morgan Stanley Bank through November 2009. This facility was used to acquire the assets of NetBank Business Finance for its public limited partnership, LEAF Equipment Leasing Income Fund III, L.P., in November 2007. The facility had an original balance of $386 million and has a current balance of $205 million.
read moreLEAF Financial Corporation announces today that it will be consolidating two of its processing centers 8/18/2008
LEAF Financial Corporation announces today that it will be consolidating two of its processing centers and transitioning essentially all of its third party operations and servicing to Columbia, South Carolina. This consolidation coincides with the September opening of LEAF’s new expanded facility in South Carolina.
read moreResource America, Inc. Closes on New Debt Facilities for Its Managed Equipment Leasing Funds 6/2/2008
Resource America, Inc. (NASDAQ: REXI) announced today that its subsidiary, LEAF Financial Corporation ("LEAF") has closed on a new debt facility for LEAF Equipment Leasing Income Fund III, L.P. (“LEAF III”) and extended an existing facility for LEAF Equipment Leasing Income Fund II, L.P (“LEAF II”).
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