Newly Formed Specialty Truck Leasing Company, Lease Alliance, Launched Today

Credit-Risk Customers No Longer 'Road Kill'

BIRMINGHAM, Mich., Sept. 16 -- Alan G. Thomson, former Chief Executive Officer of Leaseline Financial, today announced the launch of Lease Alliance LLC, a newly formed Midwest-based financial service company. Lease Alliance will provide credit-risk customers financing for leasing or purchasing of medium-duty commercial vehicles.

Mr. Thomson said, "While this may be a challenging time to launch a new finance company, we feel extremely confident about our future." Adds Paul B. Luke, CEO of BLI Consulting Group and an industry expert, "The trucking industry is beginning to show the type of growth that analysts associate with a fundamental improvement in the U.S. economy. The Dow Jones Trucking Index, which tracks 38 companies in the sector, is up 33 percent over the past year. We definitely foresee an up-tick in trucking volume, which would indicate tremendous opportunity for this company."

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. A key selling point of the company is their combination of leasing intelligence and digital technology, which will enable them to create tailor- made solutions for the medium-duty commercial vehicle leasing market.

"In today's challenging business environment there are many things beyond our control," states Thomson. "Entrepreneurs are tasked with commercial objectives that require hard-nosed business decisions. These decisions may have affected their credit standing causing them to be non-bankable by standard lending institutions, yet they are still in business providing products or services to their customers every day. These business people are our client base. We will provide them with the financial support and 'road maps' that they need to succeed in business."

Based in Bloomfield Hills, MI, Lease Alliance will be targeting a combination of both direct customers and new and used truck dealerships. Thomson, who brings more than 35 years of leasing and accounting experience to Lease Alliance, observed, "With our background in truck leasing, we are ideally suited to working with dealerships who are looking to expand their blemished credit offerings."

Lease Alliance's commitment to exceptional client satisfaction standards, combined with Mr. Thomson's specialized skill sets, enables the firm to serve organizations that range from startups to well established businesses.

For more information about Lease Alliance, contact 1-800-815-2446, or visit Lease Alliance on the web at www.leaseallianceLLC.com .

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