SANTA PAULA, Calif.—Automotive service equipment supplier BendPak-Ranger has launched a finance division, BP Leasing, to provide equipment leasing through its national dealer network in cooperation with FirstLease Inc. of Fort Washington, Pa.
BendPak and Ranger dealers will offer customers a lease option that minimizes capital risk and provides flexible lease plans, including re-lease, purchase, or return at lease end, the firm said. Customers can arrange total financing, including shipping and installation costs, within the program's flexible funding methods.
BendPak's leasing program covers purchases up to $250,000, features nationwide coverage, extended term options and approvals within 24 to 48 hours. Same-day approvals also are available for expedited financing.