Sanwa Business Credit Corp. has promoted senior vice president Lawrence J. Kancius from treasurer to division manager of the general equipment leasing division, which has been relocated from Towson, Md., to the corporation's headquarters city of Chicago.

Mr. Kancius has had experience in marketing, lease portfolio management, and syndications.

Sanwa Business Credit Corp. is the U.S. commercial leasing and asset- based lending subsidiary of Japan's Sanwa Bank.

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