Financial Review Q3 2020
The Bancorp
LOANS & LEASES: COMMERCIAL FLEET LEASING
COMMERCIAL FLEET LEASING
Niche-vehicle fleet leasing solutions
•
BUSINESS OVERVIEW:
Niche provider of vehicle leasing solutions
•
•
Focus on smaller fleets (less that 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 (~80%) and government-related
business (~20%)
.
HIGHLIGHTS:
Reengineering the operating platform to enable
sustained and efficient growth
•
Enhancing sales process and support functions
Pursuing technology enhancements to scale
business with efficiency
Constantly evaluating organic and inorganic growth
opportunities in the vehicle space
$431M
PORTFOLIO
SIZE
20
20
6.3%
9/30/2020
EST. YIELDView entire presentation