Creekridge Capital has Record Lease Volume and Expanding Sales Force

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Creekridge Capital originated more leases through its vendor partnerships in healthcare and technology during 2011 than any other year in its history.

Creekridge Capital announced today that they experienced record lease volume in 2011. The Company originated more leases through its vendor partnerships in healthcare and technology during 2011 than any other year in its history. In addition, the Company is aggressively adding experienced vendor-oriented Regional Sales Managers to its sales team.

"2009 and 2010 were flat years for us in terms of originations, but 2011 really took off. We added several new vendor partnerships during that time period and those relationships are starting to bear fruit," according to Jeff Cowan, Executive Vice President and a partner in the firm. "Our originations and income are both up over 40% for the year," he added.

Greg Larson, President and partner of Creekridge noted, "Banks provided us with more capital than any other time in our history. Our long time relationships with credit facility providers are stronger than it's ever been."

In addition, Creekridge has added Debra Schmidt to its sales team as a Regional Sales Manager. Schmidt will be responsible for originating vendor leasing programs within the healthcare and technology sectors in the Southwest Region. Schmidt brings several years of vendor leasing and sales leadership experience to Creekridge. She will work from Creekridge's Denver office and report to Dave Gnade, Senior Vice President of Sales at Creekridge.

"Debra's knowledge and vendor leasing experience will be a great asset to our sales team," said Dave Gnade, "Her leadership will help us build continued growth and success."

About Creekridge Capital
Creekridge Capital is an independent provider of creative vendor leasing solutions to the healthcare and technology industries. Based in Minneapolis, the company has offices throughout the United States. More information is available at http://www.creekridgecapital.com.

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Jeff Cowan
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