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Telerent Leasing Corporation Recognized with Monitor's Top 100 Award
Date:7/8/2009

RALEIGH, N.C., July 8 /PRNewswire/ -- Telerent Leasing Corporation, a North Carolina-based, independent leasing company specializing in hospitality and healthcare FF&E and Equipment Leases, has been recognized by The Monitor, the leading publication in the equipment and finance industry, as one of the Top 100 private independent equipment leasing and finance companies in the U.S. Telerent placed number 100 on the list. Additionally Telerent ranked 3rd in largest increase based on net assets and 95th in new business volume with a 91.4% increase over 2007.

Privately-held Telerent Leasing Corporation provides a trusted direct financing source to the healthcare and hospitality industries. The finance division, including Vendor Capital Group and Healthcare Finance, provides project and term financing for equipment, furniture and technology acquisitions, as well as offers a premier array of diversified financial products, most notably equipment leasing and financing, to clients nationwide of commercial and healthcare-grade televisions, furniture, and other commercial and medical equipment.

"We worked hard to achieve this coveted designation," said George Fleming, President & CEO, Telerent Leasing Corporation. "Our continued success is attributed to smart growth and our company philosophy of providing our clients with the best lending experience on an individual basis."

The companies were chosen by The Monitor magazine, which evaluated direct leasing sources based on a formula taking into account both dollar growth and percentage rate of growth over a two-year period. "Out of more than 4,600 leasing firms, Telerent's financial stability and consistency placed it among the 100 largest leasing firms in the nation," commented Larry Holleman, VP and GM of Vendor Capital Group. "Our inclusion in this prestigious list is indicative of our ability to fulfill the needs of our diverse customer base, e
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SOURCE Telerent Leasing Corporation
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