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Business Equipment Finance Group

Our Mission:
We build relationships by providing value-added finance solutions focused on customer success.

About the Business Equipment Finance Group (BEFG):
U.S. Bank® BEFG is comprised of specialized divisions by customer focus. With its $4.0 billion portfolio, the BEFG bills, collects and maintains over 217,000 contracts each month. The BEFG funded over $2.1 billion in 2008.

Business Direct Division
Business Equipment Financing
The focus of Business Equipment Financing is to offer financing solutions for companies with annual sales up to $5 million. Their goal is to offer flexible finance solutions for nearly any business equipment need.

Business-to-Business Divisions
Bank Services

The Bank Services division offers private-label, small ticket leasing programs exclusively to banks. Bank Services assists third party banks in developing unique and profitable equipment leasing programs through training of loan officers and direct marketing to the bank's customer base.

Healthcare Finance Services
The Healthcare Finance Services division focuses on small-ticket equipment within the medical marketplace. Both vendor and end-user direct relationships are sought through the division's medical finance expertise.

Office Equipment Finance Services
This division offers customized financial solutions for the office equipment market. Focusing on the success of the independent dealer, they provide unique products that integrate with the dealer's marketing concepts and accounting systems. With more than 20 years of experience, Office Equipment Finance Services takes pride in putting the customer's needs first.

Portfolio Services
Portfolio Services division is a third-party outsourcer of lease portfolio management services. Their strategy is to proactively seek out small and medium sized leasing companies and banks. Their goal is to offer flexible servicing solutions to their customers and a premier servicing approach to the end user.

Vendor Services
The Vendor Services division focuses on vendor opportunities within niche markets with an average ticket size of less than $100,000. The group is divided into a Program Services group for larger volume vendor programs and a Custom Services group for vendors with smaller, less consistent streams of lease volume.


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