Leaf Financial Corp. Reaches Agreement with Samsung to Provide Co-Branded Customer Finance Programs

New Samsung Finance initiative will offer dealers and SMBs nationwide easy access to flexible, customizable financing solutions

Richardson, TX and Philadelphia, PA – November 8, 2010 – Samsung Business Communication Systems (BCS) and LEAF Financial Corporation announced today an agreement to provide co-branded customer finance programs. The new initiative, Samsung Finance, gives small and midsized businesses (SMBs) nationwide easy access to creative, customizable financing and leasing solutions that can enhance their competitiveness. For Samsung dealers, the arrangement means even more financing options and greater flexibility to meet the financial needs of customers.

“The Samsung Finance initiative makes Samsung’s already affordable business communication solutions even more accessible to customers, which is critical in today’s economic environment,” says Doug Wonson, Vice President and General Manager, Samsung BCS. “Plus, our dealers benefit from LEAF Financial’s flexible programs, depth of experience and geographically distributed national support team.”

LEAF Financial’s wide range of products and services are matched to unique customer needs and cash flow requirements. Among the solutions LEAF offers are leasing products that allow customers low monthly payments and end-of-term flexibility. LEAF also provides ongoing dealer education and training as well as Samsung branded program literature.

“Our arrangement with Samsung allows its dealers to provide customers a fast, convenient alternative to bank financing,” says Bryan Spence, Vice President of Business Development, LEAF Financial Corporation. “Dealers can close sales faster and customers can receive their financing sooner.”
Samsung Finance can support transactions as low as $3,000. Financing approvals can be secured in less than two hours.

About Samsung Business Communication Systems
Samsung Business Communication Systems (BCS), a Dallas-based division of Samsung Telecommunications America (STA), is the distribution arm for the company’s line of business communications solutions. Targeting small- to medium-sized businesses, Samsung BCS offers an elite line of telephony-based customer premise equipment (CPE) with dynamic architecture that can accommodate tremendous growth at low incremental costs to meet a variety of communications needs. As an innovator in convergence technology, Samsung's business communications systems combine traditional voice and data capabilities with wireline and wireless technologies providing fully integrated, converged communications platforms and applications. In addition to CPE, Samsung BCS also offers a comprehensive line of voice processing equipment, CTI applications, and wireless solutions. For more information, please visit www.samsung.com/bcs.

About LEAF
LEAF Financial Corporation is a commercial finance and asset management company headquartered in Philadelphia, PA. LEAF originates small and middle ticket equipment leases through strategic alliances with manufacturers, distributors and dealers of equipment and software. After origination, LEAF manages the leases for its own account, institutions, and individual investors through investment partnerships and other investment vehicles. For more information, visit www.LEAF-Financial.com.

Scott Cooper Associates
35 Pinelawn Road, Suite 212E
Melville, NY 11747
Contact: Jackie Savage
Email: jackie@scottcooper.com
Phone: 63-249-9700 ext. 219

This release was published on openPR.