The Hartford Business Journal reports Berkshire Bank said it has established a new business unit in Hartford focused on equipment leasing.

According to the Hartford Business Journal, Berkshire's Equipment Leasing Group will target equipment-lease transactions ranging in value from $250,000 to $5 million and will focus on variety of industries including construction, manufacturing, medical, dental, technology and transportation.

The report also says the Bank has hired two Connecticut-based bankers, Glenn R. Mason and Lisa M. Parady, to serve as  senior vice president of Berkshire's Equipment Leasing Group and vice president of operations, respectively.

To read the full Hartford Business Journal report, click here.