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United Leasing & Finance Acquires Access Commercial Capital

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Date: Jun 01, 2017 @ 07:12 AM
Filed Under: Industry News

Martha Ahlers, Chief Operating Officer of United Leasing & Finance, announced the recent acquisition of Access Commercial Capital, based in Lake Success, New York.

Access serves the equipment and transportation industries through direct and indirect loans and leases on new and used specialty vehicles and commercial equipment. They provide essential equipment financing for medium and small business entities across the U.S. and Canada.

“Access is a wonderful strategic acquisition for United. Not only do the various asset classes they finance fit perfectly with our existing portfolio but having a New York office extends our brand further into the east coast and will allow us to better serve both new and existing customers,” said Ms. Ahlers.

“We are extremely pleased to join United and look forward to the numerous growth opportunities in the market. United’s technology resources, best in class funding platform, and experienced leadership and employees will streamline our customer experience and support our growth and profitability for the long term,” said Edward P. Kaye, Access’s managing member.

Ms. Ahlers also noted, “The Access platform will provide originations up to $100 million dollars annually and will help United achieve its goals and plans for the next five years. They bring a talented and seasoned team of industry professionals with a long history of developing meaningful solutions for their vendors and customers.”

United Companies is a privately owned corporation founded in 1964 and is headquartered in Evansville, Indiana. It is comprised of United Leasing & Finance, Professional Transportation, Inc., and the Romain Automotive Group. With over 6,100 associates, United Companies has direct operations in 40 states and the District of Columbia, while managing assets in all 50 states, Canada, and Mexico.



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