CINCINNATI, OH., July 21st, 2020— U.S. Bank Equipment Finance a National Financial Institution and Lender, has entered into an agreement with Asset IQ to provide a comprehensive way for the bank to save time and money with the recovery, transportation, remarketing and disposition of end of term and special assets within the bank’s lease or loan portfolios.
Asset IQ is a dedicated provider of remarketing, auditing, inventory and asset management solutions, providing clients with a lower cost and more effective alternative to the complex process of reclamation, disposition, ongoing management and resale of high-value assets. Asset IQ’s custom designs each vertical market within a financial institution lease or loan portfolio in order to deliver positive results for their clients.
About U.S. Bank
Our relationships are built on trust that we build every day through every interaction. Our employees are empowered to do the right thing to ensure they share our customers’ vision for success. We work as a partner to provide financial products and services that make banking safe, simple and convenient. We’re here to help navigate important milestones and strengthen futures together.
Our history dates back to 1863 when First National Bank of Cincinnati opened for business. As regional banks proliferated across the country in the years that followed, a number of other predecessors were born. After a series of mergers at the turn of the 21st century, we formally took on the U.S. Bank name and established our headquarters in Minnesota. Today, U.S. Bank is the fifth-largest bank in the country, with more than 70,000 employees and $495 billion in assets as of December 31, 2019.
Our diverse business mix is fundamental in delivering a consistent, predictable and repeatable financial performance year after year. Our core businesses include Consumer & Business Banking, Corporate & Commercial Banking, Payment Services and Wealth Management & Investment Services. Through our “One U.S. Bank” philosophy, we are able to bring the power of the whole bank to every customer, every single day.
About Asset IQ
Asset IQ Financial Services is a dedicated provider of remarketing, inventory, asset management and liquidation solutions for the financial and related industries. We provide our customers with an effective and cost saving alternative to the complex process of reclamation, disposition, inventory management and resale of high value assets. Asset IQ, LLC is a Cincinnati based firm with offices located across Florida, Texas and North Carolina. Learn more at AssetIQfinancial.com.