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.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey 
‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling, PwC Says 
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 
Zurich to Buy AIG’s Travel Insurance Business for $600 Million 
