Quality Leasing closed a three-year $50 million senior secured credit facility with DZ BANK AG. The facility will allow the company to execute its growth plans aimed at the commercial titled and business essential small ticket equipment finance market.

Paul Fogle, the company’s general manager, said, “We are very excited to be working with the team at DZ BANK, who come to us with an excellent reputation and has proven to be a terrific partner as we continue to grow our platform. We believe that the DZ BANK facility and bank relationship team will help us continue to leverage our expertise and fortify our standing as a leading provider of lease finance solutions.”

Indianapolis, IN-based Quality Leasing is a family owned, independent equipment financing company that serves markets nationwide. The company has a primary focus on commercial titled equipment, but also leases business essential equipment, manufacturing machinery, medical, construction and automobile fleets.

DZ BANK AG, through Autobahn Funding Company, provides financing across a wide range of asset classes, including: equipment leasing, structured settlement and lottery receivables, tax liens, legal settlements, insurance commission streams and accounts receivable.