Former Leaseline Financial CEO Alan G. Thomson has launchedLease Alliance LLC, a financial service company that will provide credit-risk customers financing for leasing or purchasing of medium-duty commercial vehicles.
"While this may be a challenging time to launch a new finance company, we feel extremely confident about our future," Thompson said.
Thompson said Bloomfield Hills, MI-based Lease Alliance will specialize in "blemished credit" leasing for any type of specialty vehicle that is required to generate income for the business owner, such as tow trucks, dump trucks, bucket trucks, cranes and crane- trucks.