Insight Investments, LLC has introduced Insight Capital Finance (ICF), a new division focused on providing leasing solutions for the fitness, healthcare, and wellness sectors. The company has appointed Paul Vecker as Executive Vice President of Insight Investments and President of ICF to lead this initiative.
“Insight Investments has a strong reputation in the equipment leasing industry. Expanding into the fitness and wellness market aligns naturally with our growth strategy,” said Chris Czaja, President of Insight Investments, LLC. “We are pleased to have Paul onboard. His extensive experience in financial services will help position Insight at the forefront of this evolving market.”
As demand for health and fitness continues to grow, businesses such as fitness centers, residential communities, colleges, hotels, spas, and community organizations must offer modern facilities with up-to-date equipment. ICF aims to support these businesses by providing tailored financial solutions and comprehensive asset management services. Backed by Insight Investments’ decades of financing expertise, ICF is poised to become a leader in the North American fitness leasing industry.
Customers benefit from working with an independent, non-institutional ownership group that offers more flexible, efficient, and creative leasing options. ICF’s solutions cover the entire equipment lifecycle, including access to the SOC 1 audited Asset Management Online System (AMOS), which provides enhanced tracking and management capabilities for customers and vendors.
“Insight Investments is a world-class equipment finance organization with a significant asset base and industry-leading expertise,” said Vecker. “By combining our decades of experience with the agility and innovation of this new division, ICF will bring a fresh approach to the fitness leasing market. Being part of this independent and well-established company allows us to deliver exceptional service that helps customers grow and succeed.”
Paul Vecker brings over 40 years of experience in equipment finance to his new role. Before joining Insight Investments, he served as President of Macrolease Corporation, a finance company specializing in fitness, franchise, nonprofit, and healthcare leasing. He previously held senior leadership roles at PNC Equipment Finance, one of the largest bank-owned equipment finance companies, where he served as Chief Growth Officer and General Manager of the Vendor Finance Business. Earlier in his career, he founded and led The Navigator Group, LLC, a specialized equipment finance firm, and held executive positions at various public and private equipment finance companies.
Vecker is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from the University at Albany.
ICF will be headquartered in Long Island, New York.
