LEAF Financial Corporation Moves to New Corporate Headquarters2/19/2008
PHILADELPHIA, PA. – February 19, 2008 – LEAF Financial Corporation, a subsidiary of Resource America, Inc. (NASDAQ:REXI) announces its move to a new corporate headquarters at; One Commerce Square, 2005 Market Street, 15th Floor, Philadelphia, PA 19103. The move to the new facility is to support the tremendous growth that LEAF has experienced over the past two years. The new location will also be home to LEAF’s two subsidiary companies; Merit Capital Advance, LLC and Prompt Payment, LLC.
LEAF’s new modern facility occupies two floors or 56,000 square feet to provide for future growth. The new headquarters will be equipped with a state of the art technology platform to provide even higher levels of customer service
Crit DeMent, Chairman and CEO stated, “This relocation marks another high point in the growth of our business. Two years ago we had a little over 50 employees and today we have grown to over 400 employees nationwide.”
About LEAF Financial Corporation
LEAF Financial Corporation is a commercial finance and asset management company headquartered in Philadelphia, PA. LEAF’s business model is to originate small to middle ticket equipment leases and loans in a variety of asset classes through five strategic business units. After origination, LEAF manages the leases for its own account, institutions, and individual investors through investment partnerships and other investment vehiclesreturn to the news
Contact: Michelle Speranza, Marketing Manager, 267-402-4529


