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Renasant Financial Partners Snapshot
Renasant Financial Partners is looking for a new lease on life. The financial services provider and equipment trader has greatly reduced its operations. In March 2006 the company (formerly called CLEARKLINK Capital) sold its leasing business to New York-based ICON Capital for more than $56 million. As a result of the sale, its lease portfolio was reduced by about half. The company continues to administer its remaining leases but won't write any new ones. Renasant spent 2007 completing the liquidation of its remaining discontinued lease assets.
