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Optimal Leasing LLC
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Optimal Leasing LLC

Optimal Leasing LLC has operated as an independent Minority Business Enterprise Lessor with an emphasis on Capital equipment primarily IT, Data Storage, Telecom, Point of Sale, Medical and Material Handling equipment. Average projected deal size is between 100K – 3M. Equipment transactions above 3M are welcomed. Lease financing is available for North America and Canada.

Contact: Larry Robinson - 248.738.2699
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Local banks expanding their equipment financing offerings

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Two banks serving Long Island recently made major inroads into the equipment financing space.

In June, People’s United Bank, which is based in Bridgeport, Conn. and has 69 branches on Long Island, acquired Vend Lease Co., a nationwide provider of equipment financing to suppliers and vendors primarily in the hospitality industry.

And Investors Bank, a Short Hills, N.J.-based bank with eight branches in Nassau and Suffolk and a regional lending office in Melville, launched an equipment financing group in February when it welcomed a seven-person team of seasoned equipment financing professionals aboard.

Vend Lease, which is based in Baltimore and will maintain its existing brand, became a division of the People’s United operating subsidiary LEAF Commercial Capital, an equipment leasing company that the bank acquired last year. People’s United’s combined equipment finance units have more than $4 billion in assets.



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