LEAF Financial Corporation Announces Securitization of $96 Million of Leasing Assets2/1/2011
PHILADELPHIA, PA- January 6, 2011 - LEAF Financial Corporation ("LEAF"), the commercial finance subsidiary of Resource America, Inc. (NASDAQ: REXI), announced today the closing of a new securitization transaction: LEAF 2011-1, which was completed on January 26, 2011.read more
LEAF Financial Corporation Announces Capital Investments in its Lease Origination and Servicing Platform 1/6/2011
PHILADELPHIA, PA- January 6, 2011 - LEAF Financial Corporation ("LEAF"), the commercial finance subsidiary of Resource America, Inc. (NASDAQ: REXI), announced today that it has raised up to $236 million of equity and debt capital to expand its leasing platform through its lease origination and servicing subsidiary, LEAF Commercial Capital, Inc. ("LCC"). LCC is a joint venture among LEAF, Resource Capital Corporation (NYSE: RSO) and Guggenheim Securities, LLC ("Guggenheim"). Resource Capital and Guggenheim committed to investing over $44 million of capital in the form of preferred stock and subordinated debt, respectively, into LCC. In addition Guggenheim has arranged a new financing facility for LCC of up to $192 million in revolving senior debt to fund new originations. Guggenheim will continue to manage Asset Backed Securitizations for LEAF and LCC as it did during 2010. Since May 2010, LEAF (with the assistance of Guggenheim) has issued over $600 million of asset backed notes.read more
LEAF Financial Corporation Announces Securitization of $200 Million of Leasing Assets 12/9/2010
PHILADELPHIA, PA, Dec 09, 2010 (MARKETWIRE via COMTEX) - LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. (NASDAQ: REXI), announced today the closing of a new securitization transaction: LEAF 2010-4, which was completed on December 8, 2010. read more
LEAF Financial Corporation Names New Vice President of Financial Planning and Analysis 11/11/2010
PHILADELPHIA, PA, November 11, 2010 - LEAF Financial Corporation, a subsidiary of Resource America, Inc. (NASDAQ:REXI) announces it has promoted Paul Tyczkowski to Vice President of Financial Planning and Analysis. Paul will oversee the Financial Analysis Department and will be responsible for budgeting and the initiative to centralize and streamline business performance reporting which are critical to the overall success of the organization. read more
LEAF Financial Corporation Announces Securitization of Approximately $175 Million of Leasing Assets 8/17/2010
PHILADELPHIA, PA, August 17, 2010 (MARKETWIRE via COMTEX) - LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. (NASDAQ: REXI), announced today the closing of a new securitization transaction: LEAF 2010-3, which was
completed on August 17, 2010. read more
LEAF Financial Corporation Announces Two Securitizations of Approximately $210 Million of Leasing Assets 5/28/2010
PHILADELPHIA, PA, May 28, 2010 (MARKETWIRE via COMTEX) - LEAF Financial Corporation, the commercial finance subsidiary of Resource America, Inc. (NASDAQ: REXI), announced today two securitization transactions: LEAF Receivables Funding 2, LLC, Equipment Contract Backed Notes, Series 2010-1 ("LEAF 2010-1"), which was completed on May 20, 2010 and LEAF Receivables Funding 3, LLC, Equipment Contract Backed Notes, Series 2010-2 ("LEAF 2010-2"), which closed on May 27, 2010. read more
