Illinois-based leasing company Prime Equipment Finance formed a strategic partnership with Acquis, an insurance provider to the equipment finance industry, to enhance asset protection, provide greater flexibility and deliver greater value to its customers.
Through this new partnership, Prime Equipment Finance has implemented Acquis’ insurance program, designed to alleviate the operational burden of collecting proof of insurance while providing a cost-free income stream. This implementation will allow Prime EF to streamline workflows, mitigate risk and ensure a smooth experience for both vendors and lessees.
“We are really thrilled to be working with the Prime Equipment Finance team to support their continued growth,” James Rudolf, chief commercial officer at Acquis, said. “Our collaborative program acts as an extension of their business, ensuring a flexible, compliant and efficient process, allowing Prime EF to focus on delivering exceptional financing solutions to their customers.”
Mike Flynn, who leads Prime Equipment Finance, said, “Partnering with Acquis delivers far more than just equipment protection. Their best-in-class insurance program and seamless service make the entire process effortless for our teams and customers. With Acquis managing the insurance side, we’ve reduced administrative burden and can now focus fully on growing our core business.”
