LEAF Financial Corporation Names New Vice President of Portfolio Management 3/14/2006
PHILADELPHIA, PA. – March 14, 2006 – LEAF Financial Corporation a wholly owned subsidiary of Resource America (NASDAQ:REXI), announces it has named James Grant as Vice President of Portfolio Management. Prior to joining the LEAF team, Jim had a long and successful career in portfolio management for such companies as Financial Federal Credit Inc, CHN Capital Inc., American Express Equipment Finance and Credit Alliance/Leasing Service Corporation. In his position, Jim will lead LEAF’s customer service, collections, and legal administration efforts.
Dave English, Chief Investment Officer stated, “LEAF Financial Corporation is very happy to have Jim Grant as a member of the executive team. Jim’s experience, knowledge and leadership will help to ensure that the LEAF’s portfolio quality will be maintained at high standards.”
About LEAF Financial Corporation
LEAF Financial Corporation is a commercial finance company headquartered in Philadelphia, PA. LEAF's business model is to originate small ticket equipment leases by reaching the small to mid sized business market by forming strategic marketing alliances and other program relationships with equipment vendors, commercial banks and other financial institutions. After origination, LEAF manages the leases for its own account, institutions, and individual investors through investment partnerships and other investment vehicles.return to the news
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