Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
SOUTHAMPTON, Pa., Jan. 11, 2021 Quaint Oak Bank, the wholly-owned subsidiary of Quaint Oak Bancorp, Inc. (OTCQB: QNTO), announced its strategic investment in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Oakmont Capital currently operates out of eight States in order to effectively originate across the Country with a seasoned management team led by Joseph P. Leonard along with Megan J. Zoba and Daryn T. Lecy. The combination of Quaint Oak Bank’s investment in Oakmont Capital coupled with Oakmont’s existing operational capabilities, positions Oakmont to expand into a prominent national presence within the equipment finance market.
Oakmont Capital Holdings Expands Lending Capabilities with Quaint Oak Bank Partnership
January 11, 2021 16:30 ET | Source: Oakmont Capital Services Oakmont Capital Services West Chester, Pennsylvania, UNITED STATES
WEST CHESTER, Pa., Jan. 11, 2021 (GLOBE NEWSWIRE) Oakmont Capital Holdings is excited to announce a partnership with Quaint Oak Bank. As a direct, independent lender, Oakmont Capital Holdings is poised to expand its lending lines to become a stronger national force in the equipment finance industry.
“Oakmont Capital Services and Quaint Oak Bank have worked together over an extended timeframe, and we’re pleased to take our relationship to the next level,” said Joe Leonard, CLFP and Managing Member at Oakmont Capital. “With Oakmont’s expertise in the equipment finance industry and Quaint Oak’s investment, we can now offer our customers a more robust line of financing options and an equally streamlined pr