Leasing program takes off at EagleBank

Maryland-based commercial banking specialist EagleBank is to expand its product offerings with the addition of a full service equipment leasing program, to be offered through EagleBank Leasing Services, which is an alliance between EagleBank and The ELEX Group, an independent leasing company with over 40 years of experience in the industry.

“The equipment leasing program enhances our current product offerings and allows us to provide up to a 100% financing solution to satisfy the varying requirements of our business customers,” said chairman and CEO Ronald Paul.

“Offering a business equipment leasing program is the next step to providing full service banking for our commercial customers. With an equipment leasing product, EagleBank can now provide our customers with another alternative for financing their capital equipment, an important step in expanding their business,” he added.