Prime Equipment Finance, Acquis partner on asset protection
Acquis program automates proof-of-insurance collection
Prime Equipment Finance has partnered with equipment finance insurance provider Acquis to strengthen asset protection and reduce administrative burdens for customers.
Illinois-based Prime has adopted Acquis’ insurance program, which automates proof-of-insurance collection and offers the lender a cost-free income stream, according to a Nov. 19 Acquis release. The program includes a 24/7 online portal that provides real-time insurance tracking, which will help Prime streamline workflows, mitigate risk and maintain asset protection while focusing on its core financing operations.
“Our collaborative program acts as an extension of their business, ensuring a flexible, compliant and efficient process,” James Rudolf, chief commercial officer at Acquis, stated in the release.
Prime provides equipment financing for small-ticket lessors, primarily in the medical sector.
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