PITTSBURGH/PRNewswire/ -- Mellon Leasing Corporation has entered into a strategic alliance with Demandline.com. The partnership will extend leasing options on capital equipment to Demandline's small business members.
"Equipment leasing has become an increasingly popular option for small businesses looking to acquire new equipment in a manner favorable to their tax and cash flow situation," said Tim Reese, president of Mellon Leasing's Manufacturer & Dealer Services division. "Partnering with Demandline will make it easier for us to extend our financing expertise to this rapidly growing market.
The San Bruno, Calif.-based Demandline increases small business purchasing power in buying core business services by pooling their demand with other Demandline members. Serving as a virtual auctioneer, Demandline aggregates member service requests and solicits bids from nationally recognized service providers, such as Mellon Leasing, interested in securing these leads and orders.
"We're putting the Internet to work for small businesses, giving this market the buying power it deserves," said Patrick Burns, president and chief executive officer of Demandline. "This partnership with Mellon Leasing helps remove one of small business's biggest headaches -- finding the best equipment lease at the right price from a leading provider."