Finance Articles

Westover Financial, Inc. Establishes Hospitality Equipment Leasing and Financing Division, Westover Hospitality Equipment Finance

Santa Ana, CA (PRWEB) February 4, 2008 -- Westover Financial, Inc., middle-market equipment financing and leasing company, announced the formation of another, niche-specific, equipment financing division, Westover Hospitality Equipment Finance. This is another in a series of planned business unit additions for 2008. It stems directly from the success of Westover Medical Equipment Finance launched in August of 2007, to serve the medical, dental, hospital/medical center and other commercial medical customers. It will fill the pressing need for creative, structured and economical equipment financing and leasing solutions sought by the restaurant, hotel, motel and leisure industry.

This division will provide equipment financing and leasing solutions to many of the problems routinely encountered in the hospitality industry. It will provide access to different lenders on behalf of it's clients and equipment vendors, to accommodate a variety of equipment financing or leasing scenarios unique to this particular industry. Many of which cannot be accommodated by conventional lenders such as banks.

"We are becoming a well defined niche-player in several industries," said Steve Jones, President of Westover. "So once again, it makes sense for us to dedicate specialized resources to a specific market, since we believe that there is significant growth ahead. We also expect that the current liquidity issues facing banks and other traditional lenders may open up opportunities for us."

In conjunction with this, a new company Web site, www.westoverhospitalityequipmentfinance.com, has been completed and is available for customers, hospitality equipment vendors and potential clients as well.

Westover Financial, Inc., headquartered in Santa Ana, CA, was founded in 1984 and has funded over $500,000,000. in equipment purchases for commercial entities. It serves the needs of customers and equipment vendors nationwide from the home office, as well as branch offices in San Francisco, Tampa, Austin and Los Angeles.

From it's web site, www.westoverhospitalityequipmentfinance.com, they are offering a free "Hospitality Equipment Financing Newsletter" issued quarterly, and a free "Insider's Checklist When Financing/Leasing Hospitality Equipment". This helps owners and decision-makers save time and money when engaging in this process.

For more information contact Steve Jones at Westover Financial, Inc 400 N. Tustin Ave. #140 Santa Ana, CA 92705; or 800-982-5868 x104

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