Key Equipment Finance Selected by UBS Leasing as Strategic Partner

UBS Leasing will be able to provide an expanded product and service offering to UBS bank customers in Switzerland interested in leasing technology and other business-related assets. This strategic partnership provides a competitive advantage to UBS Leasing with products such as project financing, technology refresh and off balance sheet lease financing, which can enable companies to take advantage of benefits like upgrade flexibility, optimal asset management and improved balance sheet management.

"UBS is a leading, global financial organization that is committed to meeting the needs of its customers," said Karen Larson, president and chief operating officer of Key Equipment Finance's global vendor services unit. "UBS Leasing already provides a wide range of financing for all types of assets, from motor trucks to technology equipment to ships for companies of all sizes, and we look forward to working with them to offer a more diversified product offering in response to increasing demand from their customers."

UBS Leasing noted Key Equipment Finance's comprehensive product offering, including US-GAAP and IAS/IFRS-compliant lease structures, as well as approximately 30 years' experience providing financing options to companies worldwide, as the primary reasons for selecting Key Equipment Finance as a strategic partner.

"Key Equipment Finance is regarded throughout the industry as a leading provider of equipment financing options for global companies," said Gino Giuliato, CEO at UBS Leasing. "Through this alliance, we will be able to provide an expanded range of products and services to meet the equipment leasing needs of mid- to large-sized businesses throughout Switzerland. We look forward to working with Key Equipment Finance's leasing experts to fulfill the increasing demand for flexible leasing options from our new and existing customers."