The Bancorp Financial Overview
The Bancorp
LOANS & LEASES: COMMERCIAL FLEET LEASING
COMMERCIAL FLEET LEASING
D
NICHE-VEHICLE FLEET LEASING SOLUTIONS
•
BUSINESS OVERVIEW:
Niche provider of vehicle leasing solutions
•
Focus on smaller fleets (less than 150 vehicles)
•
Direct lessor (The Bancorp Bank sources
opportunities directly and provides value-add
services such as outfitting police cars)
Historical acquisitions of small leasing companies
have contributed to growth
Mix of commercial (~85%) and government-related
business (~15%)
•
CREDIT ROADMAP:
Continue enhancing platform and growing balances
Enhanced sales process and support functions
Pursuing technology enhancements to scale
business with efficiency
Constantly evaluating organic and inorganic growth
opportunities in the vehicle space
$506M
PORTFOLIO
SIZE
22
222
6.0%
6/30/2021
EST. YIELDView entire presentation