NewLane Finance
Equipment finance company based in Philadelphia, Pennsylvania.
Philadelphia-based equipment finance company that originates small business leases and equipment loans nationwide, working directly with businesses and through equipment dealers. It was formed in 2019 by combining Neumann Finance with Beneficial Equipment Finance and is majority-owned by WSFS Bank. It reports more than $1.1 billion financed for over 31,000 companies across North America.
Profile
| Type | Equipment finance company |
| Headquarters | Philadelphia, Pennsylvania |
| Website | www.newlanefinance.com |
| Founded | 2019 |
| Parent | WSFS Bank |
| Coverage | National |
| Sectors | Small business |
| Associations | National Equipment Finance Association |
Sources: WSFS Bank, NewLane Finance, Equipment Finance Advisor.
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