Funder Lists Footnotes
COMMENT:
(B) First Financial Corporate Services, Inc.
Brokers must be in business for at least 5 years. Only FMV leases considered.
(D) TFC Equipment Finance is a wholly owned subsidiary of TCF National Bank (TCF). TCF is a subsidiary of TCF Financial Corporation.
TCF Financial Corporation (TCF) is a $12 billion national financial services holding company. TCF trades on the NYSE under the symbol TCB. Employee count does not include VGM Financial Services, (a subsidiary,) which has 50 employees. Equipment Restrictions - Please Contact Rep.
(F) Madison Capital - Broker should be in business at least 2 years. Private Label program requires six months positive experience working with them; and only after the 6 month term we offer the brokers or discounter a contract that allows them to put their name on it, primarily for marketing purposes. We originate business through both direct sales and indirect sales. However, we offer broker protection and are extremely vigilant about it. One clarification. We do offer financing to restaurants, but not for their exhaust hoods, an item we are frequently asked about. Equipment Restrictions - Tanning beds, owner operators, HVAC, restaurant hoods, boats
(G) Microfinancial, Inc., (Amex: MFI), headquarted in Woburn, MA, is a financial intermediary specializing in financing for products in the $500 to $10,000 price range. Through its operating subsidiary, TimePayment Corp, the company has provided funding for hundreds of thousands, mostly commercial, accounts nationwide. With a strong web presence through TimePayment Direct™, we are easily accessible to all our lessees and vendors.
(H) Balboa Capital:
A - Accepts broker business
B - request appropriate state licenses be obtained.
C - No sub broker allowed without written consent.
D - Broker can be listed as Lessor, receive advance payments, and assign to Balboa. Balboa pays the vendor.
E - Balboa has a large internal sales force that solicits directly to the end user. Broker customers are excluded from any calling list and our Broker Agreement specifically states your accounts will not be solicited while a customer of Balboa.
| Restricted Equipment: |
| All roof top equipment |
Amusement Park/Carnival |
Artwork |
| ATM's |
Aircraft |
Auto phone dialers |
| Used copier and computers |
Canopy's |
Portable Bldg. |
| Energy management |
Fencing |
Fixtures |
| Water coolers |
Invasive medical |
Livestock |
| Molds |
Environmental hazardous |
Pay phones |
| Satellite dishes |
Signs |
Spray booths (EPA certificate is required) |
| Truck scales |
Underground tanks |
School buses |
| Gaming |
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(I) BUTLER CAPITAL - For nearly three decades, Butler has purchased loans and leases - individually or in portfolios - from lessors and brokers nationally. Butler 's inclusion in the 2005 edition of the "Monitor 100" underscores the firm's commitment to funding deals quickly, structuring deals professionally, and avoiding the limitations of app-only credit scoring. As a direct lender with wholesale lines of credit ready to be tapped for our broker/lessor clients, we pride ourselves on common-sense, individualized credit decisions on a wide variety of equipment. We invite no-obligation calls! Butler does not require brokers be licensed except those in states that require such licensing. We welcome both opportunities to fund brokers' transactions under our name or create private-label programs to enable brokers to market their own services more broadly. Although Butler has in-house sales personnel, we do not solicit the customers of our broker/lessor clients; rather, we work to preserve and enhance a broker's relationship with his/her customer. Equipment Restrictions - post-production, mining, aircraft, vessels, gaming, ATMs, tanning
(J) American Bank Leasing provides fast responses and high touch service for small ticket transactions. Our online system provides "almost instant" approvals up to $100,000 and the ability for you and your vendor to view transaction status. Our experienced staff is empowered to use a common sense approach to lending. Private label program reserved for our top producing partners. Equipment Restrictions - Generally hard assets but call if vendor program
(K) Allco Leasing was purchased in April 2005 by Financial Corporation, a wholly-owned subsidiary of Resource America Corporation (NASDAQ: REXI). Allco Leasing provides a middle market leasing product for LEAF. We are not collateral oriented and are industry generalists. Allco specializes in rapid responses to difficult to understand credits operating within the "A- to B+" arena. Startups are considered with experienced management and strong guarantors. Equipment Restrictions - Aircraft, marine, sun tanning, owner/ operator
(M) Centennial Bank - Prompt service, quick review, new & use equipment. No outside sales force - "Brokers Preferred." Brokers must be approved. Equipment Restrictions - Aircraft, marine, over the road trucks and trailers, restaurants
(N) Commonwealth Capital Corporation - We are an income fund. To learn more click here. Equipment Restrictions - Only funding IT & Medical Equipment
(P) Bank of the West -
We have been serving the funding needs of the Broker/Lessor community continually since 1973. We are selectively adding new brokers that have been in business at least three years and can demonstrate the ability to generate a minimum of $1MM annually of quality transactions. We operate in all 50 States, looking for “A” quality transactions; and in return offer very competitive buy rates. Application-only transactions are accepted from $20K to $75K and financial statement transactions from $20K to $2MM+. We offer a variety of products including PRO and TRAC true tax leases, capital leases, EFA’s and more.”
Broker Requirements:
We require 3 years in business, 5 years industry experience. Company must have 3 satisfactory funding references verifying at least $5MM in annual fundings. Prinicpals of closely held companies must have satisfactory credit and a Fair Issac Score of at least 680.
Lessor:
"Discount programs are offered to qualified companies that can provide in excess of $1MM of volume annually”
Discounter relationships that do business in the State of California are required to have a current California Finance Lenders License.
Trinity Capital is subsidiary of company which does operations and also has "in house" sales personnel, primarily vendor accounts. Equipment Restrictions - Aircraft, Boats and Rail
(Q) A Credits Only
First Federal Leasing Equipment restrictions - Listed on our web site.
- Prohibitive Equipment:
The following list of equipment should not be considered unless there are some genuine overriding considerations. These are subject to market changes:
a) Aircrafts
b) Pay phones
c) Cellular phones
d) Vending machines
e) Video and arcade games
f) Fad equipment (as determined by management)
g) Energy management equipment
h) Carpet cleaning equipment
i) Mining equipment
j) Satellite dishes
k) Modular Buildings on foundations
l) Art work
m) Equipment affixed to vehicles
(R) Advantage Funding offers both commercial and consumer leasing and financing for new and pre-owned title vehicles. Equipment Restrictions - Title vehicle specialist
(S) PFF Bank & Trust footnote: We are now accepting "commercial" quality transactions nationwide. Our program is for "A" and Institutional grade credits only and under a discount program. "We are very selective and only interested in "A" and "B+" balance sheet transactions. (a)Ours is strictly a Discount Program. However we will look at brokered loan business in California if reasonable fees are disclosed and approved by the borrower.(c) We allow a broker to pay a broker who submits deals or works with the original broker, if submitting Lessor has signed our Agreement. (d)If a 3rd. party broker doesn't have their own documentation we cannot work with them under our discount program but we can as a Bank loan with a reasonable fee disclosed to their borrower; or, we will refer them through one of our approved Lessors. Bob Robichaud, CLP., bob.robichaud@pffb.com.
(T) Padco Lease Corp., is a small ticket funder and its source of capital is private investors. We purchase lease contract on split comission basis as discounted to our investors. We work with aproved brokers/lessors and look to form lasting mutually beneficial relationship. Equipment Restrictions - Call
(U) Meridian Healthcare Finance is a leading source of operating, expansion and acquisition capital for small and middle market healthcare service and manufacturing companies throughout the United States; enabling them to implement their business plans. Meridian provides accounts receivable-based revolving lines of credit; in select instances, Meridian may loan against cash flow, enterprise value or untraditional collateral, in which Meridian would employ a revolving or term structure. Working capital loans with 100% backing in accounts receivables as collateral.
(V) Matsco specializes in providing financing for healthcare practices, allowing
clients to choose a lease or a loan." We provide the capital investment needed to purchase, build, expand and equip a practice."
(W) "At HPSC, we finance everything from medical and office equipment, to practice acquisitions, and leasehold improvements. If it's used in the healthcare professional's practice, we'll finance it." HPSC, Inc. leases medical equipment and finances medical offices for dentists, optometrists, veterinarians, etc. The company was established in Massachusetts and incorporated in Delaware in 1974. There are 130 employees. Mr. John W. Everets, Jr. is the Chief Executive Officer of the company. Mr. Raymond Doherty is the Senior Vice President of Sales and Mr. Rene Lefebvre is the Vice President. Any questions or problems should be directed to the attention of Mr. Lefebvre. Branch offices are located in: Chicago, IL.; Chatsworth, CA.; Emeryville, CA,; Denver, CO,; Charlotte, NC.; Dallas, TX.; Atlanta, GA Fairfield, NJ.; and Valrico, FL. HPSC, Inc. is a GE Healthcare Financial Services company.
(X) "MBNA is endorsed by more medical and dental state associations than any other company of its kind."
(Y) Puget Sound Leasing - We are a "Common Sense" funder. We like credits who pay most of their bills on time and live within their means. However, what make us different is that we don't credit score at all. This allows us to approve people that in our opinion have good credit but just might have a poor score. We don't care what the score is, only that the credit is good. Equipment Restrictions - ATM's, Tanning Beds, etc
(Z) Standard Professional Services, LLC.- We are serious about our business
and value relationships.(*B) We require California brokers to be licensed.
(*C) While we do accept some sub-broker business the sub must be identified prior to our analyzing the transaction.
(*D) Call to discuss.
Equipment Restrictions - No logging or any asset that may pose a contingent liability.
(AA) Atel is a group of companies
in investments, syndications, remarketing,
raising money in funds that cover equipment.
In a recent fund $10 million was in transportation,
$4 million in material handling, and $600,000
in manufacturing. At one time they were in
the small ticket market, but out of small ticket over 5 years now. They do accept broker referrals on big ticket, but for essential investment grade rated credits. They
accept broker business on theirr venture leasing side as well.
(BB) Financial Pacific Leasing has been in business since 1975, and supports a nationwide network of Third Party Originators. We specialize in small ticket ($5,000 - $50,000) "B" and "C" credits. We are a strong and stable company committed to the Third Party channel. A relationship with Financial Pacific can enhance your vendor/origination relationships by broadening your credit window. To Qualify - Please Call or see "Prospective Third Party Originators" section on www.finpac.com
(CC) Mount Pleasant Capital has founded thousands of franchises. They offer a full array of financing and leasing services.
(DD) BankFinancial FSB - Non-recourse lender and (soon to be) equity investor. We do not originate. We do not have a leasing subsidiary. Equipment Restrictions - None
(EE) Continental Bank is FDIC insured bank, primary focus is equipment leasing. Equipment Restrictions - Depends on credit
(FF) 1st Heritage Bank provides warehouse lines of credit lease finance companies and auto finance companies. Please contact Matt Rogers 714.504.8500 or 949.863.9780 x230. Equipment Restrictions - Warehouse Credit Line to Lease Finance companies
(GG) First Bank of Highland Park is a relationship oriented funding source that has been providing a full range of financial products to the equipment Lessor for over twenty years. These products include non recourse discounting, warehouse/bridge lines of credit, syndication participations, recourse term facilities as well as syndicated revolving lines. Our credit underwriting criteria requires a minimum net worth of $75 million for manufacturing, retail, and service type companies and a $15 million net worth for institutional type credits which include hospitals, schools, colleges, universities, non-profit organizations, and law firms. Simply stated, our approach to funding is very straight forward. We provide very aggressive rates for very good credits. Equipment Restrictions - Call / Commercial Passanger Aircraft
(HH) Studebaker-Worthington Leasing Corporation - We will accept sub-broker business provided that it is disclosed at the time the application is submitted. We are a subsidiary of State Bank of Long Island. Equipment Restrictions - Call
(II) *Allegiant Partners has expanded their maximum transaction size from $250,000 to $500,000 for the 5 western states of California, Oregon, Washington, Nevada and Arizona.
In addition to increasing the transaction size Allegiant is offering more competitve rates for these A- and B+ transactions.
(JJ) Greystone Equipment Finance Corporation ("GEFC") is a small ticket funding source for B and C quality credits. We handle a wide variety of equipment, including titled vehicles with an original cost between $15K and $150K for terms up to 60 months. All business is self funded and held for our portfolio. We originate our business primarily through brokers, and secondarily through vendors and private label programs with community banks. GEFC is an affiliate of Greystone & Co., Inc., a financial services and private investment group that together with its affiliates has 30 offices nationwide and over $10 billion under ownership or management. Equipment Restrictions - Refer to website
(KK) Highline Capital: Equipment Restrictions - Software Only
(LL) Leasing Technologies Internation, Inc. Equipment Restrictions - Please Call
(MM) Barret Capital Corporation: Equipment Restrictions - Will lease Vehicles only
(NN) VGM Financial Services - provides business-to-business equipment financing solutions to the healthcare and golf industries.
(OO) GE -
The employee count is old, but a new one has not been announced, particularly since
there have been a number of cuts. It also includes all employees in this finance
division across the globe. On 27 July, 2008, General Electric announced that GE Capital is once again a single unit of GE.GE Capital has four sub-units: GE Aviation Financial Services, GE Commercial Finance, GE Energy Financial Services, and GE Treasury. At one time, GE Capital was the financial services unit of General Electric and was headed by a single person. The unit, later split into four divisions, and was responsible for a large portion of GE revenue. Each of the businesses that was a part of GE Capital were run independently and rolled up only to the Chairman of GE, Jeff Immelt. Other businesses formerly considered to be a part of GE Capital, such as Healthcare Finance, Railcar Finance, etc. were incorporated into the corresponding Industrial Businesses as support functions.
Our international capability extends from structuring to tax regulations to legal requirements across: South-East Asia, Europe, Mexico & Latin America, Australia & New Zealand, and Canada. We can also provide funding in local currencies and complete cross-border transactions.
(PP) Commerce National Bank -A and B+ credits only.
Both Lease and EFA transactions.
(QQ) "Altec is a leading equipment and service provider for the electric utility, telecommunications and contractor markets. The company provides products and services in over 100 countries throughout the world." "Altec Industries has manufactured and provided quality mobile equipment since 1929. As an Altec customer, you've experienced our commitment to quality mobile equipment. Now, Altec Capital Services offers a variety of financing programs to make your equipment purchase more affordable and convenient offering you a single source for all your equipment needs." http://www.alteccapital.com/insideAltec.htm
(RR) Resource Leasing Company, LLC --- Originally established in 1985, in McLean, Virginia, RLC is a leading provider of point-of-sale (POS) equipment financing to merchants throughout the United States. RLC offers financing directly to large and small merchants, developed through strong partner relationship programs with banks, processors and manufacturers. Through experience, RLC has developed the highly specialized systems necessary to address the small-ticket POS financing business.
(SS) Corporate Leasing Associates - 1998, Sentry/CLA Finance Company, LLC was formed as a joint venture between Corporate Leasing Associates, Inc. and Sentry Financial Corporation. The major focus of the business is the establishment and implementation of Vendor Programs. Mr. Lesnick
says most of his funds come from private investors.
(TT) Sentry Financial Corporation 1998, Sentry/CLA Finance Company, LLC was formed as a joint venture between Corporate Leasing Associates, Inc. and Sentry Financial Corporation. The major focus of the business is the establishment and implementation of Vendor Programs.
(UU) Calfund, LLC finances 18 wheelers and some trailers for owner operators with substandard credit.
(WW) 24-36 month leases on name brand desktops, laptops, and monitors.
(XX) Sterling Bank Leasing a division of Sterling National Bank; please contact us for rates and credit parameters. While we prefer to work with Lessors who will discount with us we will accept experienced brokers. We do not accept broker to broker referrals.
(YY) "We’ve changed our name from TEAM Equipment Leasing to TEAM Funding Solutions. Our funding range has changed as well and is now $5000-$70,000. My email is now whitney@teamfundingsolutions.com and our website is www.teamfundingsolutions.com.
(ZZ) Direct sales team dedicated to small ticket programs and one-off transactions exclusively in the Healthcare markets. Private Label Programs available for Vendors.
(AAA) Alliance Leasing, Inc. -- Brokers or discounters are required to provide information about theirs business practices, background, credit policies, historic financial statements, structures, backroom operations, etc.
Alliance does not syndicate or sell paper. Two Leasing Specialists do originate paper almost exclusively in the 5-county bank footprint surrounding Syracuse NY.
We would expect to earn a minimum of $3 million of business annually.
(BBB) ABCO Leasing, Inc. (Seattle, WA) exclusively serves the broker community and has been in business since 1974. Since we retain all transactions in our own portfolio, we require full financial packages. We are best at deals that do not quite fit an “A Funder” due to a lack of flexibility or some type of an arbitrary matrix requirement. ABCO is an industry generalist that prides itself on being creative when structuring new business and in providing highly quality service levels. Broker and deal contact: Brad Christensen, Broker Relations Manager, 971/204-0236 bradc@abcoleasing.net
Chesapeake Industrial Leasing - Bank owned funder/super broker. We fund A and B-plus credits through our network of community banks. We are a cash flow and credit lender. Most of our programs are full financial packages with competitive rates. Contact Taylor Brazzon @ 410-661-5000 x125 taylor@cilc.com
Maxim Commercial Credit provides creative and flexible asset-based financing for today's challenging credit market.
BSB Leasing, Inc. is a direct funding source. In addition we offer an experienced Syndication Desk that can place transactions that fall outside of credit, equipment, geographic or dollar amount appetite.
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