BLOOMFIELD HILLS, MI – TIP Capital, a leading equipment financing and asset management company headquartered in Bloomfield Hills, Michigan, was recently ranked as the 12th largest private independent leasing company in the United States for 2013 in terms of new business volume by the Monitor, the leading independent trade publication in the equipment finance and leasing industry.
In 2013, TIP Capital generated $147 million in equipment lease financings to rank first out of all independent leasing companies headquartered in the state of Michigan. TIP Capital’s lease volume increased 42% year-over-year from 2012.
“We are very pleased with our 2013 results, and to be recognized as one of the Top 25 independent leasing companies in the country,” said Scott Grady, President of TIP Capital. “We had a record year for new financings and we look forward to continued growth and a strong 2014.”
Established in 1999, TIP Capital develops flexible equipment lease financing solutions for its end user customers and vendor partnerships throughout North America. These customized lifecycle management programs utilize web-based lease applications and asset management tools through a secure private cloud platform