Vertex Railcar announced the launch of Vertex Rail Leasing, which is a wholly owned subsidiary of Vertex Railcar and will serve as a leasing partner to support customers who prefer leasing.

“With the launch of Vertex Rail Leasing, Vertex is well positioned to address the railcar needs across the full spectrum of customers in the market—those who prefer to lease, those who prefer to purchase and those who prefer a combination approach,” said Vertex CEO Donald Croteau.

The new railcar leasing company will begin offering a variety of leasing options on Vertex manufactured railcars immediately.