Credential Leasing & Finance
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Credential Leasing & Finance - overview
Established
1960
Location
Harrisburg, PA, US
Primary Industry
Financial Services
About
Credential Leasing & Finance provides specialized equipment leasing and financing solutions, catering to a diverse range of industries while facilitating access to essential capital for businesses across the United States. Founded in 1960 in Harrisburg, US, Credential Leasing & Finance offers equipment leasing and financing solutions. The company has evolved its operations to focus on providing tailored financing options to meet diverse business needs. The firm has not reported any notable pivots or changes in its core strategy since its inception.
It operates independently without any publicly known subsidiaries or parent companies. The founder's information is not explicitly documented, nor are there any mentions of previous entrepreneurial endeavors. However, Credential Leasing has established itself as a significant player in its sector. In October 2024, Easy Ice, LLC, a portfolio company of Freeman Spogli & Co, acquired Credential Leasing & Finance's Ice Machine Leasing Operations in Harrisburg, Pennsylvania.
Credential Leasing and Finance specializes in equipment leasing and financing solutions for various industries, including construction, transportation, medical, office/computer, industrial, and restaurant sectors. The company provides direct funding for equipment purchases ranging from USD 1,000 to USD 400,000. Their approach includes comprehensive analysis beyond credit scores to offer customized financial programs tailored to each business's needs. Over its 30+ years of service, Credential Leasing has aimed to help clients maintain cash flow and meet seasonal demands while forming long-term partnerships across the United States.
Credential Leasing operates through direct B2B transactions, generating revenue from leasing contracts and financing arrangements structured to meet diverse financial needs. Clients apply for funding, leading to negotiations on payment terms aligned with their cash flow cycles. These arrangements can include fixed or variable rates, facilitating effective budget management for businesses acquiring necessary equipment. Their competitive pricing and flexible terms contribute to their reputation as a reliable equipment leasing partner.
Primary Industry
Financial Services
Sub Industries
Equipment Rental & Leasing, Financial Services
Website
www.credentialleasing.com/
Total Amount Raised
Subscriber access only
Credential Leasing & Finance - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Credential Leasing & Finance's Ice Machine Leasing Operations in Harrisburg, Pennsylvania | - |
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