Lease Corporation of America (LCA) is proud to announce the celebration of its 25th anniversary. “We could never have achieved this milestone without the efforts and skill of our loyal and dedicated employees many of whom have served LCA for well over a decade and a significant number almost two decades or more,” states John B. Kemp, LCA’s Chief Executive Officer.
“We also owe a special thanks to our business colleagues who have worked with us for extended periods both in the creation of our financial assets, as well as others who, from early on, provided LCA with the necessary asset investment funds,” adds Mr. Kemp. “Lastly we should acknowledge the substantial debt we owe our friends who supported, counseled and advised LCA so well as shareholders, directors, and professional advisors.”
In 1988 LCA and its founding members saw the importance, and need, of providing businesses – resellers, distributors and manufacturers – innovative leasing and finance programs. Since inception, the efforts of LCA have always been, and will always be, guided by helping all clients realize their full business potential. LCA’s founders also saw the need to provide financial institutions and other investors with properly priced and predictive financial assets, which would fulfill their investment needs and goals.
"Establishing mutually beneficial business relationships based on trust is at the core of what LCA has stood for over the last 25 years,” Mr. Kemp goes on to say. “Our service mark, Financing you can trust, epitomizes this founding philosophy and will continue to be a factor in our success into the next 25 years and beyond.”
Lease Corporation of America (LCA) is a full-service financing company specializing in technology and industrial equipment financing. LCA offers a multitude of leasing programs that allow companies to obtain the equipment they need now and pay for it over a fixed amount of time, freeing up working capital and credit lines. Based in Troy, Michigan, LCA has serviced the needs of its vendors, customers and brokers since its formation in 1988. LCA has kept pace with the ever-changing economy to develop innovative financing programs, professional marketing support and easy-to-use leasing tools for our clients. According to the trade publication Monitor, as of December 31, 2011, LCA was the 17th largest independently owned leasing company and the 100th largest leasing operation overall in the United States LCA Bank Corporation, member FDIC and wholly owned subsidiary of LCA, was founded in 2005 and is located in Park City, Utah. The Bauer Financial Inc.’s 2013 publication “Top 100 Banks,” as of December 31, 2012, places LCA Bank Corporation in the upper 1% of all federally insured institutions in the United States based upon the income measurement of Return on Average Assets.