Resource America reported that LEAF Commercial Capital, the company’s equipment leasing joint venture, continued to grow its lease origination and servicing operations during the third fiscal quarter ended June 30, 2012.

Lease and loan origination volume increased by 110% during the third fiscal quarter ended June 30, 2012 as compared to the third fiscal quarter ended June 30, 2011.

LEAF’s commercial finance assets as of June 30, 2012 increased by 59% from September 30, 2011.

The company said that LEAF’s growth was assisted by its expanded internal and field sales presence that provides dedicated support to its top-priority dealers and national accounts. LEAF’s sales team works with key dealers and branch offices of its national accounts partners by developing unique offerings and providing a full range of support meant to increase their sales volume throughout multiple sales distribution channels.

Vendor Program Agreements were executed with multiple new program partners, including national equipment manufacturers, independent dealers and value added resellers in the office equipment, technology, light industrial and telephony segments. LEAF has expanded its origination staff by 31% since September 30, 2011.

Award Recognition: LEAF was recently notified that it has been selected as the winner of the Equipment Leasing and Finance Association’s 2012 Operations & Technology Excellence Award. The award is presented annually to companies that clearly demonstrate innovation and best practices in using technology to deliver operational solutions to the equipment leasing and finance industry.

To read Resource America’s news release click here.