Lease Corporation of America (LCA) announced that as of April 30, 2015 it has, from its inception, extended credit to approximately 70,000 entities including business, governmental units and charitable organizations. This activity has involved over 88,000 financing transactions, with an average deal size of just over $13,000. The aggregate amount of such transactions was just under $1,150,000,000.

LCA chairman John B. Kemp said, “Our team is proud to have been of service to so many organizations over the years. It has been an honor to serve the needs of our over 4,000+ vendor base by shortening their sales cycles and fulfilling the equipment financing needs of their customers. Going forward LCA shall continue to invest in state-of-the-art technology for the benefit of its vendors and end users. LCA shall also increase the size and scope of its organization so that it may continue to better serve its national platforms.”

LCA is a financing company specializing in technology and industrial equipment financing.