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JA Mitsui Leasing USA Holdings, Inc. Announces Acquisition of Oakmont Capital Services

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.

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Oakmont Capital Services Promotes Noreen and Schimek, Expands Team

Oakmont Capital Services Promotes Noreen and Schimek, Expands Team
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US business borrowing for equipment up 1% in May, ELFA survey shows

June 23 (Reuters) - U.S. companies borrowed 1% more in
May compared to a year earlier to finance equipment investments,
industry body Equipment Leasing and Finance Association (ELFA)
said on Friday.
The companies signed up for...

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US business borrowing for equipment up 1% in May, ELFA survey shows

(Reuters) - U.S. companies borrowed 1% more in May compared to a year earlier to finance equipment investments, industry body Equipment Leasing and Fi...

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QUAINT OAK BANCORP, INC. ANNOUNCES FIRST QUARTER EARNINGS


Share:
Southampton, Pennsylvania, May 03, 2021 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (the "Company") (OTCQB:QNTO), the holding company for Quaint Oak Bank (the "Bank"), announced today that net income for the quarter ended March 31, 2021 was $1.0 million, or $0.52 per basic and $0.50 per diluted share, compared to $432,000, or $0.22 per basic and $0.21 per diluted share for the same period in 2020.
Robert T. Strong, President and Chief Executive Officer stated, "It is my pleasure to present our earnings release for the first quarter of 2021. Our net income for the quarter ended March 31, 2021 was 138.4% higher than the comparable quarter one year ago amounting to $1.0 million. The increase primarily resulted from an increase in non-interest income coupled with an increase in net interest income. Asset growth also continued, culminating at March 31, 2021 just over $560.0 million. This growth in assets was supported by an increase in deposits of over $84.9 million funding a growth of loans receivable, net and loans held for sale of over $71.3 million for the first quarter of 2021."

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Stearns Bank achieves USDA designation, hires employee to support work

Stearns Bank achieves USDA designation, hires employee to support work
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Oakmont Capital Holdings Expands Lending Capabilities with Quaint Oak Bank Partnership


Oakmont Capital Holdings Expands Lending Capabilities with Quaint Oak Bank Partnership
January 11, 2021 16:30 ET
| Source:
Oakmont Capital Services
Oakmont Capital Services
West Chester, Pennsylvania, UNITED STATES
WEST CHESTER, Pa., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Oakmont Capital Holdings is excited to announce a partnership with Quaint Oak Bank. As a direct, independent lender, Oakmont Capital Holdings is poised to expand its lending lines to become a stronger national force in the equipment finance industry.
“Oakmont Capital Services and Quaint Oak Bank have worked together over an extended timeframe, and we’re pleased to take our relationship to the next level,” said Joe Leonard, CLFP and Managing Member at Oakmont Capital. “With Oakmont’s expertise in the equipment finance industry and Quaint Oak’s investment, we can now offer our customers a more robust line of financing options and an equally streamlined process.”

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