Alan G Thomson, former chief executive officer of Leaseline Financial, has announced the launch of Lease Alliance LLC, a new Michigan-based financial service company. Lease Alliance will provide credit-risk customer financing for the lease or purchase of medium-duty commercial vehicles.

The new company will specialize in “blemished credit” leasing for any type of specialty vehicle that is required to generate income for the business owner. These include tow trucks, dump trucks, bucket trucks, cranes, and crane-trucks.

Based in Bloomfield Hills MI, Lease Alliance will be targeting a combination of both direct customers and new- and used-truck dealerships.

Thomson brings more than 35 years of leasing and accounting experience to Lease Alliance.