Sunrise International Leasing Corp. - SUNL- Profile

Sunrise International Leasing Corporation provides its customers with lease financing for a full range of data processing, telecommunications and other capital equipment. The company provides leasing services through its wholly owned subsidiary, Sunrise Leasing Corporation which has a close relationship with the manufacturers of such equipment. The company's term of leasing ranges from six months to five years. Operating leases accounted for 78% of fiscal 1999 revenues; equipment sales, 15%; direct financing leases, 6% and fee and interest income, 1%.