Level One Bank Expands Commercial Lending Services, Launches Equipment Finance Division
FOR IMMEDIATE RELEASE: December 12, 2013 Contact: Don Tanner/Justin Fisette (248) 626-0006
FARMINGTON HILLS, Mich., – Level One Bank, one of Southeast Michigan’s leading community Banks, has expanded the depth of its commercial lending services with the launch of its new Equipment Finance division. The announcement was made by Patrick J. Fehring, President and CEO of Level One Bank.
Level One recently established the division in recognition of demands from businesses seeking to purchase commercial equipment. Level One’s equipment financing and leasing services provide clients an additional resource to help expand their businesses.
“One of the advantages of being a local bank is the ability to continually identify and respond to the banking needs of our clients and business communities,” said Fehring. “The Level One team innovates and provides more flexible financing solutions than many larger financial institutions, which is the kind of service our clients deserve.”
Since the launch of the new Equipment Finance division, Level One Bank has helped clients of all sizes, from small businesses to Fortune 500 companies, and various equipment types and industries, including healthcare, manufacturing, distribution and technology.
About Level One Bank
Level One Bank is a full-service, 5-Star BauerFinancial rated commercial and consumer bank committed to connecting with unparalleled service and delivering outstanding financial solutions. Owned and managed locally, Level One Bank is headquartered in Farmington Hills, Michigan with assets of approximately $600 million. It currently operates seven full-service banking centers, located throughout Oakland County and the surrounding communities. Level One’s Commercial Division provides a complete menu of products including lines of credit, term loans, leases, commercial mortgages, SBA loans, Export-Import Financing and a full suite of Treasury Management services. The Consumer Division offers personal savings and checking accounts, including free checking and competitive interest-bearing accounts such as Money Markets, IRAs, and CDs. The bank also provides a complete array of consumer loan products including residential mortgages, home equity, auto, and credit card services. Level One offers the sophistication of a big bank, the heart of a community bank, and the spirit of an entrepreneur. For more information, please visit www.levelonebank.com.