News
Cash Insurance Scheme Launched
Date:
24/04/2012
- Category:
Project leasing
Summit has launched a regulated insurance product that provides insurance for cash contained in a retailers smart safe.
Summit Launches It's First Public Fund
Date:
30/05/2011
- Category:
Project leasing
Summit, in partnership with it's long standing business partner SQN Capital, has launched it's first SEC regulated public fund.
SQN Public Fund to be Launched Imminently
Date:
23/03/2011
- Category:
Project leasing
The SEC had granted regulatory approval for SQN and Summit to launch a public fund, which will be open to investors in the near future.
Summit continues to expanded its US business.
Date:
19/10/2010
- Category:
Project leasing
Summit has identified an opportunity to expand into a new market, funding a series of operating leases in the United States.
Nordic Coverage added by Summit
Date:
14/05/2010
- Category:
Project leasing
Summit Asset Management has addeded to it's portfolio the ability to support transactions in parts of Scandanavia.
Second Investment Fund Launched
Date:
24/04/2009
- Category:
Project leasing
Summit has launched it's second 2009 investment fund to provide additional debt and equity investment capacity for the UK and North American markets.
Cash Insurance Scheme Launched
24/04/2012
Summit has further expanded its innovative product portfolio, adding to it's existing offering to retailers and armoured car companies following the launch of an insurance scheme that provides against the potential loss of cash within their businesses.
The product provides the retailer and its armoured car company with an insurance against the potential loss (or damage) of cash that is contained within cash security equipment. already leased via Summit.
Insurance is available for those customers that lease cash security equipment directly from Summit under one of our GAAP compliant operating lease agreements, or acquired via an armoured car company that partners with Summit.
The offering is typically provided as part of a lease for "smart safes" that contain note validators and coin sorters.
It has already been successfully launched in the United Kingdom, where it is being offered commercially, and it is now being introduced in the United States.