Crimped by rising rates, a Pennsylvania bank quits equipment finance americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, April 04, 2024 JA Mitsui Leasing, Ltd. (JAML) through its subsidiary, JA Mitsui Leasing USA Holdings, Inc., announced today that it has acquired a 100% interest in Oakmont Capital Holdings, LLC (DBA Oakmont Capital Services) (OCS), a leading specialty finance company that delivers broad-spectrum solutions for essential-use, small-ticket equipment.
Stearns Bank achieves USDA designation, hires employee to support work sctimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sctimes.com Daily Mail and Mail on Sunday newspapers.
Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
SOUTHAMPTON, Pa., Jan. 11, 2021 Quaint Oak Bank, the wholly-owned subsidiary of Quaint Oak Bancorp, Inc. (OTCQB: QNTO), announced its strategic investment in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Oakmont Capital currently operates out of eight States in order to effectively originate across the Country with a seasoned management team led by Joseph P. Leonard along with Megan J. Zoba and Daryn T. Lecy. The combination of Quaint Oak Bank’s investment in Oakmont Capital coupled with Oakmont’s existing operational capabilities, positions Oakmont to expand into a prominent national presence within the equipment finance market.