Targeted Lease Capital, LLC Announces Name Change to Targeted Lending Co., LLC

BUFFALO, NY – March 8, 2022 – (Newswire.com)

Targeted Lending Co., LLC, a leader in commercial equipment financing, announced that it has changed its name from Targeted Lease Capital, LLC and launched its new interactive website www.targetedlending.com.

Targeted Lending Co. (TLC) more accurately reflects the bespoke equipment financing products and solutions it offers businesses. Along with the rebranding, Targeted Lending Co. updated its online tools, including an updated calculator that features its popular Pick Your Own Pricing (PYOP) program. “Targeted Lending Co. makes access to affordable equipment financing available to businesses of all shapes and sizes, from the local coffee shop to the national manufacturing enterprise,” said CEO Brian Gallo. The management team has spent 25 years financing new and used equipment for businesses and continues to improve the company’s digital lending platform that minimizes the time between application and financing. With Targeted Lending Co., businesses can acquire needed capital equipment from any vendor in less than 24 hours, paperless. “We understand that businesses have different financial needs, which is why we offer targeted loans,” added executive vice president Renee Hazard.

In 2021, Targeted Lending Co. processed more than $400 million in equipment finance applications in industries ranging from hospitality and medical to construction and transportation, representing a 33% increase in assembly compared to the previous year. Demand for the Targeted Lending product continues to grow with first quarter originations up more than 45% compared to the same period last year.

Targeted Lending Co. is headquartered in New York with satellites in California, Washington and Colorado. Targeted Lending Co. finances any new or used equipment or vehicle a business needs from $5,000 to $250,000.

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Targeted Lease Capital, LLC Announces Name Change to Targeted Lending Co., LLC

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