Illinois-based leasing company, Prime Equipment Finance LLC, has announced a strategic partnership with Acquis, a leading insurance provider to the equipment finance industry, to enhance asset protection, provide greater flexibility and deliver greater value to its customers.

Led by Mike Flynn, Prime EF specializes in equipment financing for small ticket lessors, primarily within the medical sector. Having successfully started and sold two other leasing companies with his team, Mike has leveraged his strong vendor relationships to drive growth for Prime EF.

Through this new partnership, Prime EF has implemented Acquis’ insurance program, designed to alleviate the operational burden of collecting proof of insurance while providing a cost-free income stream. This seamless implementation will allow Prime EF to streamline workflows, mitigate risk and ensure a smooth experience for both vendors and lessees. With an online insurance portal available 24/7, the program provides real-time tracking of insurance, giving Prime EF the flexibility to focus on core financing operations while maintaining robust protection for its leased assets.

James Rudolf, Chief Commercial Officer at Acquis, said of the announcement: “We are really thrilled to be working with the Prime Equipment Finance team to support their continued growth. Our collaborative program acts as an extension of their business, ensuring a flexible, compliant and efficient process, allowing Prime EF to focus on delivering exceptional financing solutions to their customers.”

Mike Flynn said of the news: "Partnering with Acquis delivers far more than just equipment protection. Their best-in-class insurance program and seamless service make the entire process effortless for our teams and customers. With Acquis managing the insurance side, we’ve reduced administrative burden and can now focus fully on growing our core business.”