BSB Moves into New Digs, Expands “Risk Adjusted” Program
As business continues to increase, BSB Leasing, Inc., after ten years in the same Denver, Colorado location has relocated to new and larger facilities. The new address is 6 Inverness Court East, Suite 125 Englewood, Colorado 80112.
BSB Leasing, Inc. is a direct funder and syndicator serving lease brokers nationwide since 1982.
“The new location will allow BSB to continue hiring additional staff in the short term and will give us additional capacity to add staff in both the sales areas and in administration, “
Don Myerson, president, said. “The need for additional space and facilities is a direct result of growth achieved by introducing BSB Direct Finance a direct funding option for brokers, in addition to our traditional syndication programs.
“For 20 years known primarily as a ‘Super Broker' added a direct funding program in early 2003 that offered an application only product up to $50,000, “ he explained.
After the initial success of this product, in April, 2004 BSB Leasing decided to expand its direct funding offerings to include a “risk adjusted” credit philosophy designed to approve a broader spectrum of credits.
BSB is now approving application only transactions up to $50,000 and transactions up to $100,000 for a single lessee for credits that fall into an A, B and C category with rates designed to match the quality of the credit.
“We're able to handle a wide variety of credits and transactions, “Myerson said.
Additional changes at BSB Leasing, Inc. include long time Vice-President of Broker Services, Bruce Zwillinger moving into a new role as head of the Commercial Group handling commercial transactions from $50,000 to $1,000,000.
Skip Wehner, formerly Vice-President of Administration at Granite Financial before joining BSB in December, 2002 as Vice-President of Business Development takes over all sales responsibility for our broker network.
BSB Leasing's new address is 6 Inverness Court East , Suite 125 Englewood, Colorado 80112. The telephone numbers remain the same at 303-329-0227 or toll free at 800-945-3372. The fax numbers remain 303-329-0240 or toll free 800-338-5225.