BancVue, a provider of consulting services to community financial institutions, said it has acquired BancLeasing, a provider of equipment leasing programs.

“This is a win-win-win that will benefit both companies and, more importantly, the more than 700 community financial institutions that BancVue serves,” said BancVue founder & chief evangelist Don Shafer. “Our partner-clients have been asking for a proven means to expand their commercial lending businesses. BancLeasing’s CashFlow Lease Program will allow them to achieve this important goal while strengthening their competitive positions.”

BancVue said its long-standing mission is to enable community financial institutions to compete and win in the war against the megabanks. Toward that end, BancVue offers access to cost-effective banking products and services that might otherwise be time- or cost-prohibitive.

Shafer and BancLeasing president Mark Buchanan believe there is great synergy between the two companies and that BancLeasing’s CashFlow Lease Program will be a strong addition to the BancVue lineup.

“We are excited to join BancVue in its initiative on behalf of community banks and credit unions nationwide,” said Buchanan. “Equipment lease financing is a highly competitive market dominated by the biggest banks. For our community financial institution partners, being able to offer quality commercial and industrial equipment lease financing will partially level the playing field. Our CashFlow Lease Program can help them build stronger banking relationships with clients, and it promotes customer retention by preventing the megabanks from gaining a foothold with a local bank’s best customers via lease financing.”

BancVue started offering the CashFlow Lease program to its existing customers in March 2013.