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US Express Leasing Now Becomes Tygris Vendor Finance

28 Jan, 2009

US Express Leasing Now Becomes Tygris Vendor Finance


Parsippany, NJ (January 21, 2009) – Tygris Vendor Finance, formerly US Express Leasing (USXL), today announced its official name change. This development is the culmination of events that began last spring, when USXL became the vendor financing division of Tygris Commercial Finance.

Updated information on Tygris Vendor Finance’s products, services and office equipment sales team can be found on Tygris’ newly redesigned website at www.tygriscf.com.

“These are very exciting times for us at Tygris,” said Fred Carollo, general manager, office products finance. “We’ve built a solid business on innovative and relevant products along with world class customer service. These, combined with the financial strength of Tygris, enable us to be a market leader for years to come.”

Tygris Vendor Finance provides product-financing solutions to business customers originated through select dealers, distributors, and manufacturers nationwide. The company serves the healthcare, office equipment and technology markets.

“As a key growth engine for Tygris, we will continue to deliver innovative, market-based financing products with a commitment to customer service that has been a hallmark of our success from the beginning,” said James D. McGrane, president of Tygris Vendor Finance and the former US Express Leasing. “We’re well positioned in this market, with the financial resources available to support our partners as they provide essential equipment in a number of U.S. industries.”

Tygris is a commercial finance company that provides liquidity and growth capital to companies throughout North America. Tygris has three commercial finance businesses: Corporate Finance, Asset Finance, and Vendor Finance. Tygris has offices in Chicago, IL, Stamford, CT and Parsippany, NJ. For more information, please visit www.tygriscf.com.




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