What is United Leasing & Finance?
Founded in 1964 and headquartered in Evansville, Indiana, United Leasing & Finance operates as a broad-based leasing company. Its comprehensive service portfolio extends beyond traditional equipment rentals to include asset management, logistics, and diverse business solutions. This multifaceted approach positions the company as a versatile partner for businesses requiring flexible asset financing and management.
How much funding has United Leasing & Finance raised?
United Leasing & Finance has raised a total of $350M across 1 funding round:
Debt
$350M
Debt (2017): $350M with participation from Fifth Third Bank, US Bank, Old National Bank, Northern Trust, and BB&T
Key Investors in United Leasing & Finance
Fifth Third Bank
Fifth Third Bank, established in 1858, is a major financial institution offering a wide array of services including commercial banking, consumer banking, and wealth management. Its involvement suggests a strong credit facility or debt financing partnership.
US Bank
U.S. Bank is a multinational financial services company providing comprehensive banking, lending, and investment solutions. Its participation highlights a significant debt financing commitment to United Leasing & Finance.
Old National Bank
Old National Bank, founded in 1834, offers a range of financial services including deposit accounts, loans, and lease financing. Its role in this funding round indicates a continued relationship in providing essential financial backing.
What's next for United Leasing & Finance?
The substantial enterprise-level funding and strategic investment indicate United Leasing & Finance is poised for continued expansion and operational enhancement. Given its long history and broad service offerings, future developments are likely to focus on optimizing its asset management capabilities, expanding its logistics solutions, and potentially exploring new avenues for equipment financing. The company's strategic capital infusion suggests a commitment to reinforcing its market position and adapting to evolving industry demands.
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