NORTH STAR LEASING COMPANY ANNOUNCES MAJOR MILESTONE
Company Commemorates 40 Years in Business with Monumental Plans
March 7, 2019 – BURLINGTON, VT North Star Leasing Company, a leading provider of equipment financing solutions, announced they will be reaching a major milestone in 2019. On June 29th of this year, the company will have successfully helped businesses grow for 40 years– an impressive achievement. Since its inception in 1979, the company has funded over 49,000 transactions totaling over $500 million.
To commemorate this occasion, and to continue North Star Leasing’s community support, the company asked employees to identify worthwhile causes that would benefit from donations. Each employee will be given $1,000 to donate to a charity of their choice. The total contribution of $40,000 – a nod to its 40 years in business – will serve to benefit over 60 organizations. Additionally, the company will be hosting Elliot Eisenberg, Ph.D. “the Bowtie Economist”, in Burlington, VT on Friday, June 28, 2019. The forum will be attended by 200+ Burlingtonians who will gain firsthand experience in Elliot’s unique view on the economy and what is to be expected in the year(s) to come. The day will end with an afternoon celebration at the company’s headquarters attended by current and former employees, their families and friends, customers and vendors and the Burlington community to celebrate this momentous occasion.
“When Phil Goldman, Pat Robins and Ray Pecor started the company as a spin-off of McAuliffe Office Products, with $1,000 and a $50,000 line of credit from Chittenden Bank, who could have envisioned that 40 years later, we now have over 5,000 active leases with a value exceeding $75,000,000,” stated North Star Leasing’s CEO, Dan Feeney. He added, “we believe by helping grow small businesses across the US, we are simultaneously strengthening their communities.”
More information is planned to be announced on North Star Leasing’s commemorative celebration in the coming weeks.
About North Star Leasing Company
Founded in 1979, North Star Leasing is a provider of equipment financing solutions for businesses in a variety of industries. For the past 40 years, North Star Leasing has focused exclusively on helping businesses grow and expand by providing lease financing for mission critical equipment. North Star Leasing is a direct funder and takes a personalized approach to each application. www.northstarleasing.com
About Copley Equity Partners
Copley Equity Partners is a private investment firm that partners with established lower middle-market businesses. Copley invests in companies across a broad range of sectors and is comfortable in both majority or minority ownership positions. Copley invests out of an evergreen, single-family office, capital base making the firm agnostic to the standard private equity fundraising cycle. Copley’s patient and flexible capital base allows the firm to focus on providing each portfolio company significant support post investment. www.copleyequity.com