As part of its mission to celebrate organizations that push the foodservice equipment and supplies industry forward, the FEDA First Thing newsletter is publishing a series of Q&As with member companies. This week features Vend Lease, an associate member and a premier provider of equipment leasing and finance solutions to the food service, hospitality, and other industries. A division of LEAF Commercial Capital, Inc., a subsidiary of People’s United Bank, N.A., Vend Lease has for more than 40 years offered businesses of all kinds nationwide a more flexible, affordable way to get equipped for growth.
How many locations do you have?
Our primary office is in Baltimore with company-wide offices in Philadelphia, Moberly, Mo., Orange, Calif., and Mesquite, Texas.
What are your primary categories and services today?
Vend Lease offers customized equipment leasing and finance solutions to a wide variety of industries, including food service, hospitality, vending, amusement, automotive, and many more.
How many employees do you have?
As a division of LEAF, our team comprises approximately of 430 employees in offices across the country.
Who is your customer base?
Vend Lease serves equipment manufacturers, vendors and buyers nationwide across a number of market segments, including point-of-sale, food and beverage, bar and nightlife, vending and amusement, and janitorial.
What is your latest and most interesting company innovation?
As a division of LEAF, Vend Lease is accelerating growth and capturing new opportunities with access to expanded capital resources, leading technology, and advanced marketing capabilities.
How is your company making the best use of new technology?
Vend Lease leverages the latest technology to make equipment financing even faster and easier, with greater flexibility and customization than ever before.
What excites you about the future of our industry?
Vend Lease has served the industry since 1979, offering businesses a more flexible, affordable way to get equipped for what’s next. As the industry continues to evolve, presenting new challenges and tremendous opportunities, Vend Lease is excited to help equipment manufacturers, vendors, and buyers continue powering long-term business growth with our customized finance options and more than 40 years of industry expertise.