As a bank, getting into the leasing business gives you the ability to strengthen your client relationships even more. Handling leasing would allow you to offer your clients a broader suite of services, resulting in more account control. You would be able to serve your clients over a wider spectrum of their business life cycles.
The fuller suite of services you can provide also gives you greater protection of your target markets and territories, leaving fewer “side doors” for competitors to enter. As a bonus, leasing gives your bank an additional way to deploy idle cash assets.
Those are all great reasons for offering leasing services, but then you probably saw that it results in taking on more overhead and expanding your operations team. How do you build the infrastructure to handle the regulatory and compliance requirements of the leasing industry? The sales/property tax reporting requirements alone can make your head spin.
Wouldn’t it be great to offload the back-office operational and regulatory details of leasing to a team like ELS? Then you could get back to focusing on making your client relationships stronger than ever.
Learn how ELS can help you get there. Learn More >
OUR SERVICES
with Lou and the ELS team
demonstrates that they’re always
striving to do the right thing.
We appreciate that!”
- National Bank
Lessor
ELS to be very creative and
flexible in their approach to working
with us. Our specific situation called for a
willingness to start small to begin a relationship
with hopes of building volume over time. ELS
never hesitated, and the level of service has
been excellent. There is no other option
we would ever consider.”
- Community Bank
and the ELS team
demonstrates that
they’re always striving
to do the right thing. We
appreciate that!”
- National Bank Lessor
creative and flexible in their
approach to working with us.
Our specific situation called for
a willingness to start small
to begin a relationship with hopes
of building volume over time. ELS
never hesitated, and the level of
service has been excellent. There is
no other option we would
ever consider.”
- Community Bank