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North Star Leasing Launches Deferred Payment Plan in Wake of Coronavirus

March 20, 2020, 07:00 AM
Filed Under: Company Announcements

North Star Leasing took action to help alleviate the current stress our 3,800 customers are experiencing during this difficult time by offering the North Star Leasing Coronavirus (COVID-19) Deferred Payment Plan. The plan allows for customers to defer their next payment if they choose. The company will evaluate the program over the coming weeks to determine if a second deferment is warranted.  

“We recognized the need to act and take this step for our customers in order to help them bridge the gap during these very stressful times,” CEO Dan Feeney said. “Being proactive and offering a little peace of mind to our customers is our top priority as we work through the developments of this outbreak. Our bank group and board fully support this extraordinary measure.”

Founded in 1979, North Star Leasing is a provider of equipment financing solutions for businesses in a variety of industries. For the past 40 years, North Star Leasing has focused exclusively on helping businesses grow and expand by providing lease financing for mission critical equipment. North Star Leasing is a direct funder and takes a personalized approach to each application.

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