CSI Leasing Increases Lease Origination and Income, Adds Employees in FY13October 30, 2013
ST. LOUIS (October 30, 2013) – CSI Leasing, Inc. (CSI) announced that new lease origination topped $829 million worldwide in fiscal year 2013, up nearly 15 percent from the previous fiscal year. Total assets were up 5.5 percent and net income was up 8.7 percent compared to the prior fiscal year ending June 30. CSI also added 80 new employees worldwide, an increase of more than 10 percent.
“This is a nice improvement given the difficult economic conditions encountered in the various markets in which we operate around the world. It’s a testament to our dedicated employees and all the hard work they have put in throughout the year,” said Steve Hamilton, president and COO. “In the past year, we have also invested in three additional equipment lifecycle services centres, located in Allentown, Pennsylvania; Calgary, Alberta; and Bratislava, Slovakia, to enhance the scope of our end-of-lease service offerings.”
CSI also recently updated its online asset information tool, MyCSISM. The system, which provides customers with information regarding their leased assets, now has an improved user interface and administrative capabilities.