Univest News

Univest Capital Appoints Mitchell Terkeltaub as Vice President and Business Development Manager

Univest Capital, a subsidiary of Univest Bank and Trust Co. that provides commercial leasing solutions, recently welcomed Mitch Terkeltaub as vice president and business development manager. In this role, Terkeltaub is responsible for providing equipment leasing solutions, primarily for customers in the healthcare industry. With more than 40 years in financial services, his extensive experience allows him to serve the highly technical healthcare industry that requires medical facilities maintain pace with cutting-edge science and patient care. Doctors and administrators can utilize Univest’s flexible lending programs for equipment up to $250,000. Univest Capital is adept at financing equipment for ultrasound, diagnostic equipment, EMR software, ophthalmic equipment and much more.

Before joining Univest Capital, Terkeltaub was the owner and president of Lance Leasing LTD for 38 years. He earned his bachelor’s degree from Brooklyn College. Terkeltaub resides in New York, NY.

About Univest Financial Corporation

Univest Financial Corporation (UVSP), including its wholly-owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $5.4 billion in assets and $3.6 billion in assets under management and supervision through its wealth management lines of business as of September 30, 2019. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices in southeastern Pennsylvania extending to the Lehigh Valley and Lancaster, as well as in New Jersey and Maryland and online at www.univest.net.

Leasing done through Univest Capital, Inc., a subsidiary of Univest Bank and Trust Co.