YES Leasing renews senior credit facility from BMO
Facility enhances YES' capacity to fund equipment deals up $350K
Equipment finance and leasing company YES Leasing has renewed and increased its senior credit facility from BMO.
The facility supports YES Leasing’s growing portfolio and enhances its capacity to fund transactions up to $350,000, including construction, landscaping, utility and specialized industrial equipment, according to a release today by the Miami, Fla.-based company.
The deal also reaffirms YES’ business model of serving “small businesses with non-prime credit,” Chief Operating Officer Quade Koffler stated in the release.
“With BMO’s support, we will continue advancing our vision of becoming the most trusted, efficient and client-centered leasing partner in the nonprime market,” he said. “BMO’s deep industry expertise and longstanding commitment to equipment finance make them an exceptional partner.”
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