First Commonwealth Bank has selected Ivory Consulting, a provider of equipment lease and loan pricing software, asset management software, software customizations and consulting services for the equipment finance industry, to structure and price tax-advantaged equipment loans and leases for its equipment finance division.
“First Commonwealth Bank Equipment Finance is pleased to partner with Ivory Consulting Corporation as we continue to expand the bank’s commercial and middle-market equipment finance platform. Ivory’s industry-leading software will enhance First Commonwealth’s ability to efficiently price lease opportunities, supporting the growth of our leasing portfolio while delivering a best-in-class financing solution for our clients,” Mike Kaplan, middle market development leader for First Commonwealth Equipment Finance, said.
“The Ivory Consulting team is gratified to welcome former user and seasoned industry professionals Rob Boyer and Mike Kaplan along with the entire First Commonwealth Equipment Finance team to our family of software users,” Scott Thacker, CEO of Ivory Consulting, said. “Using Ivory Consulting’s structuring and pricing software, sales representatives will be able to model and price transactions to meet their customer wishes. Benefiting from more than 40 years of experience, our software and structuring support will enable them to broaden their financial offerings of both their tax and non-tax leases and loans.”
