LEAF Financial Corporation Announces Program Agreement with Fujifilm 8/1/2006
PHILADELPHIA, PA. – August 1, 2006 – LEAF Financial Corporation, a subsidiary of Resource America Inc. (NASDAQ:REXI) announces that it has entered into a preferred national vendor finance program agreement with Fuji Photo Film U.S.A., Inc. to provide equipment financing solutions for digital photo finishing lab systems. The agreement calls for LEAF to provide Fujifilm and it’s customers with a full line of financial products to facilitate the sale of their equipment to the photo finishing market. LEAF will work with all Fujifilm customers from large labs to independent retailers to specialty photo shops to support their equipment financing requirements. With LEAF’s support and integrated financing solutions, Fujifilm’s customers will have flexible and convenient ways to acquire photo-processing equipment or upgrade to newer technologies.
Miles Herman, COO of LEAF Financial Corporation states, “We are very excited to enter into a strategic relationship with Fujifilm. Fujifilm’s reputation for manufacturing quality state-of-the-art equipment and strong sales position in the US marketplace, leveraged with LEAF’s financing expertise, will create many customer-focused solutions to support the photo finishing industry. Our program with Fujifilm is just another example of LEAF’s commitment to delivering financing solutions that address the unique needs of businesses in this exciting industry.”
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.
About Fujifilm
Fuji Photo Film U.S.A., Inc. is a subsidiary of Fuji Photo Film Co., Ltd. and delivers technology solutions to meet the imaging and information needs of retailers, consumers, professionals and business customers. As a global leader in digital imaging, Fujifilm pioneered the development of digital medical systems, and today is the leader in digital minilab systems. The company was ranked number 18 for U.S. patents granted during 2005, employs more than 75,000 people worldwide and in the year ending March 31, 2006, had global revenues of $22.8 billion.
In the United States, Fujifilm is a leader in delivering high quality, easy-to-use imaging and information solutions in the following categories: Digital Imaging Systems, Film and Imaging Systems, Recording/Storage Media, Motion Picture Film, Graphic Arts and Printing Systems and Medical Imaging and Diagnostics Systems. Fujifilm is an environmentally friendly, humane enterprise and an exemplary corporate citizen.
For more information on Fujifilm products, consumers can call 800-800-FUJI or access the Fujifilm USA Web site at www.fujifilmusa.com.
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Contact: Michelle Speranza, Marketing Manager, 267-402-4529
