Dan has been engaged in the equipment lease and finance industry for the past 25+ years with extensive experience in all facets of this business segment. Prior to starting CapFirst Equipment Finance, Dan was a co-founder and owner of a leasing firm, which operated as a general equipment lease finance company. During his time there, he was responsible to the day-to-day operations of the Bank Lease Program which included the build out of this program to over 150+ banks in the upper Midwest and the funding of over $1.0 billion in volume. As a former FDIC Bank Examiner and through various other positions held in his career, Dan has an extensive experience in credit, underwriting and the structuring of various finance transactions through a wide array of industries. He is a graduate of the University of Jamestown with double majors in Mathematics and Business Administration.
Contact Dan: dsaville@capfirstef.com | P: 701.639.7209 | C: 701.367.5492 | F: 701.639.7031
Bank Lease Program
CapFirst, through our custom NO-COST, Bank Lease Program, enables banks and its ag/commercial lenders to offer an equipment lease finance product to its existing customers as well as to prospective new customers without the expense associated with an internal lease finance division, thus allowing for our bank partners to compete with other bank captive finance companies.
Benefits of the Lease Program for the Bank
- Additional bank product offering to its customers
- Earning asset growth for bank
- First right of refusal to fund the lease transaction
- Earn free income of up to 1.0% of the equipment cost
- Diversification of loan portfolio
- Provide protection of your customer base
The CapFirst Experience
When you work with CapFirst, you'll find equipment finance experts who are easily accessible and get to know your business, and an independently owned company with a different approach. Whether you are looking to diversify your loan portfolio or offer another product to your customers, CapFirst is here to help you grow.
Contact one of our team members to discuss our Bank Lease Program today.