RCA was established in September 2001 through a joint venture between Ronald E. Hall, Sr., and Equipment Financing and Leasing Corporation, with the goal of being the best minority owned equipment Lessor in the U.S. The RCA team of professionals comes from the most respected financial institutions in the country. Together with its funding partners, RCA is solely focused on servicing the needs of the Fortune 1000 companies.
RCA clients are the largest in their industry categories: Appliance Manufacturing, Automobile Manufacturing, Food Processing, Oil Production and Refining, Coal Mining, Energy Production, Electrical Manufacturing and Distribution, Logistics, Railroad Transportation, Auto Parts Manufacturing, Electronic Component Manufacturing and others.
RCA’s growth over the years continues to be very impressive. We are on track to become the #1 MBE lessor in the next two years and have a portfolio of $500 million and lease originations exceeding $1 billion. Clients rate RCA the highest in satisfaction in competitive rates, ease of documentation, flexible lease structures, customized invoicing and professional service throughout the leasing cycle, including fair treatment at the end of the lease term.
Clients depend on RCA’s continued financial support. Even in uncertain markets we have the ability to utilize global financial institutions, pension funds, and other non-traditional sources to help high volume leasing clients meet their needs.
RCA is a Minority Business Enterprise certified through the Michigan Minority Business Development Council (MMBDC) a chapter of the National Minority Supplier Development Council, the oldest, most respected and most recognized Minority certifying body in the United States. RCA’s certification is honored by all NMSDC chapters and other certifying organizations.
RCA is also certified through the Supplier Clearing House for the Utility Supplier Diversity Program of the California Public Utilities Commission.