Harbour Capital Corporation Formalizes New Vendor/Dealer Group

HARBOUR CAPITAL CORPORATION FORMALIZES NEW VENDOR/DEALER GROUP

Harbour Capital Corporation, of Newington, New Hampshire, announced today that Samuel H. Smith, III has joined the company as Executive Vice President. Mr. Smith will lead the newly formed Vendor/Dealer Group of Harbour Capital Corporation which consists of a team of seasoned professionals he has worked with for up to fifteen years.

Mr. Smith has over 20 years of experience in the equipment finance and leasing industry. He was a co-founder of Wentworth Capital Corporation, which provided creative financing solutions to middle market companies and was later sold to N.Y. based Charter Financial. Subsequent to that he was Senior Vice President and division Manager for Wells Fargo Equipment Finance, Inc. which acquired Charter Financial in late 2000. Most recently, Smith was the Executive Vice President and Chief Marketing Officer for Equilease Financial Services, Inc. and prior to that formed a Vendor/Dealer division for ORIX Financial Services, Inc.

Chip Kelley, President of Harbour Capital Corporation, says of the appointment “I have known Sam for 20 years and he has a proven track record of creating great value in the Vendor/Dealer segment of the equipment finance and leasing industry. I am confident that under Sam’s leadership, his team will succeed in creating new and exciting opportunities for us in the machine tool, construction, vocational truck, plastics, material handling, and flexible packaging segments while providing his many long time key relationships with a new source offering an array of innovative financing options.”

Harbour Capital Corporation (http://www.harbourcapital.com/), founded in 1994 is a specialty finance company engaged in diversified equipment leasing and financing including origination, underwriting and servicing of small ticket leases on an application-only basis and middle ticket leases for medium and higher credit quality customers. Harbour Capital is one of the fastest growing independent leasing companies in the nation. For more information, please contact Sam Smith at (866) 753-5737.