Toshiba America Information Systems Inc., Telecommunication Systems Division, and LEAF Financial Corporation, the commercial finance subsidiary of Resource America, have entered into a vendor finance program agreement to support the customer financing and leasing needs of the Authorized Toshiba Dealer Network.
LEAF, a commercial and finance asset management company, specializes in originating small to middle ticket equipment leases. The program, branded Toshiba Telecom Finance, will provide authorized Toshiba dealers with a lease finance offering from LEAF geared toward making Toshiba IP business telephone solutions more accessible to an SMB customer base.
“As companies invest in leading-edge communication solutions to stay competitive,” says Crit DeMent, CEO of LEAF, “Toshiba Telecom Finance will help them achieve those goals with affordable financing solutions. LEAF’s highly responsive service and support capabilities will make it extremely convenient for the Authorized Toshiba Dealer Network to utilize lease financing as a powerful closing tool.”