YES Leasing, a Miami-based commercial equipment leasing and finance company, announced the successful renewal and increase of its senior credit facility with BMO. The facility provides YES Leasing with ample capacity to support its nationwide growth and fund an expanding portfolio of equipment finance transactions.
“The increased credit facility reaffirms our business model and our disciplined approach to serving small businesses with non-prime credit,” said Quade Koffler, Chief Operating Officer at YES Leasing. “With BMO’s support, we will continue advancing our vision of becoming the most trusted, efficient, and client-centered leasing partner in the non-prime market. BMO’s deep industry expertise and longstanding commitment to equipment finance make them an exceptional partner.”
Tony Syracuse, YES Leasing’s Chief Revenue Officer, added, “This facility enables YES Leasing to expand upon our 50-year track record of getting tough deals done. By working with YES Leasing, our brokers are converting more deals for their vendors than ever before.”
The renewed facility enables YES Leasing to fund a wide range of commercial equipment up to $350,000, including construction, landscaping, utility and specialized industrial assets.
