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- Monitor 100 recognizes
Varilease in Top 75
(June 2008)
Monitor magazine has recognized
Varilease among the top 75 leasing companies
in the U.S. for the number of its new business
originations.
- Varilease commits to a new 200,000,000
loan Facility
(May 2008)
The company has reached agreement on
a new $200,000,000 loan facility that provides
both debt and equity financing for lease,
loan, and portfolio acquisition transactions
as well as company acquisitions. Repayment
terms of the facility provide for interest
payments only for the first 24 months and
subsequent principal reduction commencing
(at the company's option) no earlier than
mid 2010 and no later than mid 2013. Under
the terms of the facility the funds are immediately
available as of May 19, 2008
- Varilease #164 on Crain's Private 200
(May 2008)
Varilease is ranked 164th on the Crain's
Detroit Business annual list of the top 200
privately-held Michigan companies for 2008
released May 26, 2008. The Crain's Private
200 rankings are based on 2007 revenue
- Monitor Magazine recognizes Varilease
in Top 10
(March 2007)
Monitor magazine has ranked Varilease
#9 among the top private independent leasing
companies in the U.S. for funded new business
volume.
- Varilease
adds 30,000,000 Loan Facility
(December 2007)
The company is pleased to announce a
new 30,000,000 facility to be utilized for
funding debt & equity for new lease and
financing transactions. The facility provides
Varilease
significant additional funding at very favorable
repayment terms; commencing in late 2010.
- Bancleasing
Commits $10 Million for ERF Wireless' US-BankNet
System
(August 2007)
ERF Wireless Arranges Funding for High-Speed
Financial Network. More
- President's
Message
(June 2007)
To
Our Customers, Stockholders, and Friends: More
- Monitor
Recognizes Varilease in Top 100
(June2007)
Monitor magazine has recognized Varilease
among the top 100 leasing companies in the U.S. for
the number of its new business originations. More
- Marci
L. Slagle, CLP Named Varilease Finance, Inc.'s Senior
Vice President of Intermediary Relations
(February 2007)
Salt Lake City - Michigan-based equipment leasing
firm, Varilease Finance, Inc. has named Marci L.
Slagle, CLP, Senior Vice President of Intermediary
Funding. More
- Varilease
Finance Names Slagle Senior Vice President of Intermediary
Relations
(January 2007)
Michigan-based equipment leasing firm, Varilease
Finance, has named Marci L. Slagle, CLP, senior
vice president of Intermediary Funding. More
- Monitor
Recognizes Varilease in Top 100
(July 2006)
Monitor magazine has recognized Varilease
among the top 100 leasing companies in the U.S.
for the number of its new business originations.
More
- Varilease
Renews Warehouse Lines
(August 2005)
Varilease, recently recognized as one of the country’s
largest equipment-leasing companies, has announced
the renewal of its warehousing lines with its lead
bank, Huntington National Bank (NASDAQ: HBAN). More
- “Equipment
Leasing Services You Can Bank On”
(July 2005)
The Western Independent Bankers endorse Varilease
subsidiary BancLeasing for its private label equipment-leasing
program. More
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