Chase Small Business Leasing Now Available Online.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 29, 2000 Offering Small Business Customers Equipment Leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
in Less Than 5 Minutes The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. (NYSE NYSE See: New York Stock Exchange : CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. ) announced the launch of Chase Small Business Leasing, an Internet site that allows small business customers nationwide to originate equipment leases online. Chase believes it is the first bank to offer equipment leasing decisions and documents online. Specifically introduced to meet the needs of small business customers, Chase Small Business Leasing provides credit decisions on equipment financing in less than five minutes. Credit decisions are now available 24 hours a day, seven days a week, by visiting www.smallbizleasing.com. This online product resource enables small businesses to save valuable time and money on equipment leasing by providing price quotes, credit applications, fast credit decisions and printing of final documents. Chase Small Business Leasing offers different leasing terms and financing options for equipment such as copiers, telephone systems, office furniture and medical equipment ranging in price from $3,000 to $250,000. Small business customers also have the option of buying the equipment at the end of the lease. The Chase Small Business Leasing Internet site was developed in a joint effort with Fidelity Leasing Inc., the administrator of the program. The Internet platform is an adaptation of the e-Commerce system developed by Fidelity Leasing, Inc. and used by many major equipment manufacturers and distributors who sell via the Internet. "This unique new product enables small business customers to obtain the equipment they need and to pay for its use over time, rather than spending a lot of cash up front to buy it," said Joe Scharfenberger, Executive Vice President, Small Business Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . "Whether a small business owner is planning to expand their business operation or they need to replace obsolete or worn out equipment, Chase Small Business Leasing provides a quick and easy financing solution." The Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank. During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque. , with more than $406 billion in assets, is one of the world's premier financial services institutions, with operations in 48 countries around the globe. Chase is a leading provider of financial solutions to large corporations, financial institutions, government entities, middle market firms, small businesses and individuals, and has relationships with more than 30 million consumers across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. through products and services such as credit cards, mortgages, online banking, debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , deposit products and auto loans. Chase can be reached on the Web at www.chase.com. Fidelity Leasing, Inc. will be administering this web site for Chase Small Business Leasing. Fidelity is the leading provider of e-Commerce platforms for small business equipment leasing. Fidelity is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Resource America, Inc. (REXI-Nasdaq). |
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