The Bank of Birmingham in Michigan has joined an increasing group of bankers delving into equipment financing.

The bank said Tuesday that it is offering equipment lease and related financing to encourage businesses to grow. The $139 million-asset unit of Birmingham Bloomfield Bancshares said it will offer financing on "most equipment types" such as manufacturing and transportation.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.