Placentia-based equipment-leasing services firm First Financial Corporate Services Inc. is expanding internationally with the launch of a subsidiary in Canada dubbed FF Canadian Leasing Inc.
First Financial serves companies in the healthcare, manufacturing and information technology sectors. Leased products range from forklifts and construction equipment to CT scanners and telecommunications systems.
It is among the largest privately held equipment providers nationwide, according to the company. It had $94.8 million in revenue last year, with 13 regional offices and 38 employees throughout the U.S., including 17 in Orange County.
FF Canadian will be based in Mississauga, Ontario, and initially operate with a focus on the manufacturing sector, according to Richard Stebbins, cofounder and chief executive of First Financial.
“In early 2014, we will also start looking at the other two core business units we offer, which will be the leasing of IT and medical equipment,” he said.
Bill Heston, a country manager for material handling equipment, will oversee the subsidiary from First Financial’s Philadelphia office.
