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northern leasing systems
Information by Research TrustFinance
Northern Leasing Systems, Inc., founded in 1991, was a U.S.-based company specializing in micro-ticket equipment financing and leasing, primarily for small and medium-sized businesses. The company's main products were leases for essential business equipment, such as credit card processing terminals and point-of-sale (POS) systems. Following significant legal and regulatory actions, particularly a major settlement with the New York Attorney General's office over deceptive practices, the company was banned from the industry and ceased all new leasing and financing activities as of February 28, 2019. The company currently operates for the sole purpose of servicing its existing portfolio of leases.
United States
Industry
Financial