Add me to mailing list    |           |      Search



Funders Looking for New Broker Business

To qualify for this list, the company must be a funder (as qualified by Leasing News) and on the “Funder List,” an acceptable Better Business Bureau Rating and no history of complaints at Leasing News. Also, it is their practice to notify lessees in advance when the lease will end and what the residual will be, specifically not automating extra lease payments, or insisting their discounter follow the same policy. We reserve the right to not list a company who does not meet these qualifications.

There is no advertising fee or charge for a listing. They are “free.” Leasing News makes no endorsement of any of the companies listed, except they have qualified to be on this specific list.

We encourage companies who are listed to contact us for any change or addition they would like to make. We encourage adding  further information as an "attachment" or clarification of what they have to offer would be helpful to readers.

Please send company name, contact/email or telephone number as well as a URL to attach or description to kitmenkin@leasingnews.org

Alphabetical list - click on company name to view more details

1st Enterprise Bank Leasing
Advantage Funding
Allegheny Valley Bank Leasing
Allstate Leasing
American Leasefund, Inc.
Bankers Capital
Barrett Capital Corporation
Black Rock Capital
Boston Financial & Equity Corp.
BSB Leasing, Inc.
Calfund, LLC
Chesapeake Industrial Leasing Co., Inc.
Citizens Business Bank

Cobra Capital LLC
Dakota Financial
Exchange Bank Leasing (formerly Dumac Leasing)
FirstLease, Inc.
First Federal Leasing
First Foundation Bank
First Midwest Equipment Finance
Financial Pacific Leasing
Forum Financial Services, Inc.
Gonor Funding
Lease Corporation of America
Madison Capital

Maxim Commercial Capital, LLC
Mesa Leasing
National Equipment Finance
NexTier Leasing
NFS Leasing, Inc
Northwest Leasing Company, Inc
P&L Capital Corporation
Padco Financial Services
Pawnee Leasing Corporation
RLC Funding
Standard Professional Services, LLC
Summit Leasing, Inc.
TEAM Funding Solutions
TimePayment



Leasing Associations: All non-profit leasing associations are abbreviated. To see the full name and learn more about the association, please click here.

BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information

A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen


N/R (not reported)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)


Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports
A
B
C
D
E
Timepayment Corp
(Subsidiary of
Microfinancial Corp.)
Burlington, Massachusetts
 1989
Scott Baider
scott.baider@timepayment.com
877-868-3800 x7002 
www.timepayment.com/lease-brokers
  NAELB
175
Nationwide
$500 to $100,000
BBB
Y
N
N
N
Y

Financial Pacific Leasing
A subsidiary of Umpqua Bank
1975
Terey Jennings CLP,
800-447-7107
tjennings@finpac.com
www.finpac.com
ELFA, NAELB, NEFA
(click here for further description)

140
USA and Canada
$5,000-$500,000
Y
Y
Y
Y
Y
Lease Corporation of America (LCA)
1984
Troy, Michigan
John Martella, President
LCA Financial, LLC
SVP, Lease Corporation of America

248 743 5209
jmartella@leasecorp.com
www.leasecorp.com
ELFA, NAELB
(click here for further description)
55
Nationwide
$10,000
 
Y
Y
N
N
Y
Pawnee Leasing Corporation
1982
Gary H. Souverein President
(800) 864-4266 ext. 222 Gary@pawneeleasing.com
www.pawneeleasing.com
ELFA, NAELB & NEFA
(Click here for further description)
85
48 contiguous states
$1,000 - $200,000
Y
Y
N*
Y
N
Allstate Leasing
Towson, Maryland
1969
Stephen C. Cromwell
Divisional Vice President
Direct dial 410-363-9538 scromwell@allstateleasing.com
www.allstateleasing.com
ELFA, NVLA
40
Mid-Atlantic
$10,000
 
Y
N
N
N
Y
P&L Capital Corporation
1996
Phil Lieber
800.698.1686
phil@plcapital.com
www.plcapital.com
NAELB, NEFA (WW)
(click here for further description)
28
National
$10,000
(most clients are doing monthly or quarterly schedules)
Y
Y
N
N
Y

Madison Capital
1997 
(formed by merger of Harbor Leasing, started 1983, & Fox Valley Leasing, started 1974)
Allan Levine, Partner
443.796.7337
alevine@madisoncapital.com

Nancy Pistorio, President
443.796.7325
npistorio@madisoncapital.com
Fax: 443.796.7200
www.madisoncapital.com
NEFA,ELFA, NVLA

27
U.S., Canada, Puerto Rico
$10,000 to $450,000, Vehicles: Unlimited

CNI 1
CNI 2
CNI 3
Search

Y
N
N
Y
Y
RLC Funding
 (2011)
(A division of Navitas
Lease Corporation)
  121 Executive Center, Ste 108
Columbia, South Carolina
Dwight Galloway
803-566-8245
dgalloway@rlcfunding.com
www.rlcfunding.com
(*click here for footnotes)
27
48 Contiguous states
$5,000-$125,000
Y
Y*
N*
Y
Y*
FirstLease, Inc.
2000
Mike Bennie, President
mbennie@firstleaseonline.com
866-493-4778, ext. 210
Donald R. Wampler III, Vice-President
donald@firstleaseonline.com
866-493-4778, ext. 253
www.firstleaseonline.com
25
United States
$5,000 to $150,000
Y
N
N
Y
Y
1st Enterprise Bank Leasing
2006
Los Angeles, California
Robert Selway
Relationship Manager
rselway@1stenterprisebank.com
213-430-7061
Cell: 213-500-0181
(click for more info)
21
CA only-Los Angeles, Orange County,
Inland Empire
$100,000
 
Y
Y
N
N
Y
Advantage Funding
1997
Al Damiani, President/CEO
adamiani@ymail.com
718.392.1300
www.advantagefund.com
NVLA, ELFA, NLA & TLPA
20
Nationwide

Vehicles Only

$10,000 - $1,000,000

National Equipment Finance
Norwalk, Conneticut
2010
Michael B. Tornichia
Vice President – Business Development
T 201-248-0496
F 415-520-5535 mtornichia@nationsequipmentfinance.com www.nationsequipmentfinance.com
*Will work with other lenders/lessors
(see footnote for more information)
20
USA and Canadal

500k-25mm +

Y
N
N
N
Y

First Midwest Equipment
Finance Co.

(Formerly National Machine Tool
Financial Corp.)
80 N Gordon Street
Elk Grove Village, IL
60007-1119
(800) 669-7527 Toll Free
(847) 228-7779 Main
Mon-Fri 8:30am–5pm (CST)
Sat-Sun Closed
Chris Chiappetta President/CEO chris@netlease.com
(847) 871-4208
Bob Lang EVP,
Equipment Leasing
boblang@netlease.com
(847) 871-4210
Rick Lang SVP, Sales Director ricklang@netlease.com
(847) 871-4253
Susan M Rusch
Vice President/Credit susana@netlease.com
(847) 871-4255
www.netlease.com
(click here for further description)

20
Nationwide
$10,000 - $10 MM
Chesapeake Industrial Leasing Co.,Inc.
9512 Harford Road
Baltimore, MD 21234
Contact: Taylor Brazzon
taylor@clic.com
410-661-5000x125
www.clic.com
NEFA
(click here for further description)
18
East Coast
$10,000- $1 million
Y
N
Y
N
Y
First Federal Leasing
1989
Paul Witte, CEO
Vice President
Paul@firstbankrichmond.com
800.848.8958
www.firstfederalleasing.com
NAELB (Q)
18
Nationwide
$5,000 min.
Y
N
N
N
N
NFS Leasing, Inc.
Beverly, Massachusetts
2001
Dean Oliver
deano@nfsleasing.com
978-767-2353
www.nfsleasing.com
NEFA (Footnote)
15
US and Canada
$50,000 to $3MM
 
Y
Y
N
N
Y
TEAM Funding Solutions
1992
Ted Reynolds – Owner and President
Jeff Deskins – Credit Manager
App Submittal:
Lynn Smith – Senior Broker Development Manager 888-457-6700 x115,
Martin Lacayo – Broker Development Manager 888-457-6700 x106,
Bill Baskerville – Broker Development Manager 888-457-6700 x114,
Funding: Stephen Stuesser – CFO
Jamie Moore – Marketing Manager
Phone: 888-457-6700 x109,
Enrollment Fax: 512-258-2322

www.teamfundingsolutions.com
NAELB, NEFA
(click here for further description)
13
48 States

$20,000-$200,000

Y
Y
Y
N
N
Boston Financial & Equity Corporation
1968
Debbie Monosson
debbie@bfec.com
www.bfec.com
EAEL, NEFA
12
National

$100,000 to $1,500,000

Does Subprime Leases


(click here for further description)
BSB Leasing, Inc.
1992 Colorado,Hawaii
Don Meyerson, Pres. DMyerson@bsbleasing.com
Bruce Zwillinger, Vice President 800.945.3372 ext. 306 bzwillinger@bsbleasing.com
Steve Crane, CLP
VP, Commercial Division scrane@bsbleasing.com  
Randy Propect, East Coast rpropect@bsbleasing.com
Vicki Shimkus,CLP
West Coast Brokers vshimkus@bsbleasing.com
www.bsbleasing.com
NAELB
(click here for further description)
16
National
$5,000+
Y
N
N
Y
Y
Summit Leasing, Inc.
1986
James, Klemens, Kevin, Mike, Mark
(800) 736-1530
www.summitleasing.com
NEFA
(click here for further description)
12
CA, ID, MT, OR, WA
$20,000 - $400,000
   
10
Western States

$15K
Minimum

Does Subprime Leases


Citizens Business Bank
  1974
Rob Selway, Asst. Vice President
rrselway@cbbank.com
949-581-4444, ext 3203
www.cbbank.com
Footnote
10
California only
$100,000
Y
N
N
N
Y
Dakota Financial
2001
Mae Philpott
mae@dakotafin.com
310.696.3030 x122
fax 310.696.3035
www.dakotafinancial.com
NAELB, NEFA
9
Nationwide
$10,000 to $1MM
Y
N
Y
N
N
First Foundation Bank
Equipment Finance Dept.
18101 Von Karman Ave, suite 750
Irvine, CA 92612
Bree Johnson, CFLP, Lease Ops. Mgr.
bjohnson@ff-in.com
www.ff-inc.com
8
Nationally $20,000 - $150,000
app only
$100K+ Full package
CA,AZ,NV,HI,OR,WA,UT
See Geo Area
Y
Y
N
N
N
Black Rock Capital
1994
George Booth
gkbooth@blackrockcapital.com
203.336-9200
www.blackrockcapital.com
EAEL, ELFA
(click here for further description)
7
US Canada (F)

$50,000 to $3MM

$250,000 average transaction

Forum Financial Services, Inc.
1996
Tim O'Connor
972-690-9444 ext. 225
tim@forumleasing..com
275 West Campbell Road
Suite 320
Richardson, Texas 75080
Fax: 972-690-9464
www.forumleasing.com
NAELB & NEFA
7
Nationwide

$50,000 to $1.0 million. Our average size transaction is $250,000.
Preferred Range
$100,000 to $500,000

Does Subprime Leases

   

American Leasefund, Inc.
1999
Tom Davis
tom@americanlf.com
800.644.1182 - PH
503.244.0845 - FX
www.americanlf.com/
NEFA
6
Idaho, Montana, Oregon, Washington

$3,500 - $50,000

Does Subprime Leases

Bankers Capital
1990
Larry LaChance - President
508-351-6000
llachance@bankers-capital.com
www.bankers-capital.com
NAELB, NEFA (footnote)
6
50 states
$25,000 +
Y
Y
N
N
N
Cobra Capital LLC
a division of Providence Bank & Trust
Darien, Illinois
Dale R. Kluga, President
dale@cobrallc.com
Phil Azriel Director, Broker Relations phil@cobrallc.com
Office:630-985-3500
Fax: 630-985-3567
www.cobrallc.com
ELFA
(Footnote)
6
Nationwide
$50,000 - $1MM
$250,000 average transaction.
 
Y
N
Y
N
N

Exchange Bank Leasing
(previously Dumac Leasing)
1964
General (800) or (707) 546-7822
Direct (707) 521-5027
www.exchangebank.com
NAELB
(click here for further description)

5
California
$10,000
Y
N
N
N
Y
Maxim Commercial Capital, LLC
   2008
877-776-2946
Doug Houlahan, CLP
info@maximcc.com
Shervin Rashti, CLP
shervin@maximcc.com
 www.maximcc.com
   NAELB
   NAELB (Note)
5
National
$35,000 to $500,000
Y
N
Y
Y
Y
Padco Financial Services
Crete, Illinois
  1990
jpadden@padcofinancial.com
www.padcofinancial.com
800-347-5884 ext. 227
312-263-5971 direct
815-572-0939 fax
  NAELB, NEFA (T)
5
National
Min ~$4,000, Avg ` $22,000 prefer less $50K
Y
N
Y
Y
N

Barrett Capital Corporation
1975
Barry Korn
914-632-4200
Cell: 914.954.1900
Barrett@BarrettCapital.com
www.BarrettCapital.com
NVLA
(click here for further description)

4
United States

Vehicles Only

$10,000 minimum

Standard Professional Services, LLC
1976
Mr. Raphael Lavin, CLFP
JWhalen@spsllc.net
847-291-7858
www.spsllc.net
EAEL, NAELB, NEFA
(click here for further description)
4
Nationwide & some offshore

$10,000 - 250,000

($25,000 - $150,000 desired)

Gonor Funding
2001
Norman J. Gonor
ngonor@gonorfunding.com
818.784.5444
Jason Gonor
818.402.6999
www.gonorfunding.com
(click here for further description)
3
USA
USA

Does Subprime Leases

   
Northwest Leasing Company, Inc.
Bellevue, Washington
1992
Tad Rolfe 425-827-8386 tad@nwleasing.com
www.nwleasing.com
(more info)
3
Washington, Oregon, and Idaho
$10,000 to $75,000 (Avg. $25K)
   
Y
N
N
N
Y

Mesa Leasing, Inc.
2000
David Watt dave@mesaleasing.com
850-641-1002
www.mesaleasing.com
NAELB
(Notes)

3
California
$10,000 to  $100,000

 

Y
N
N
N
N
Allegheny Valley Bank Leasing
Pittsburgh, Pennyslyvania
P. 412.781.1465
C. 412.475.1727
www.avbpgh.com
(click here for further description)
2 (plus bank assistance)
PA, OH, WV, MD, Western NY
$5K to $50K
" app only"

Over $50k to $3M full financials
 
Y
N
N
Y
Y
NexTier Leasing
a Division of NexTier Bank
Wexford, Pennyslvania
Paul Poljak
ppoljak@thebank.com
Vice President/Commercial
Leasing Manager
724.214.6326
www.thebank.com
2
(220 bank)
West PA/West V
 East Ohio
$10,000 - $10 million
 
Y
N
N
N
Y



1st Enterprise Bank Leasing We are a pure business bank focusing on privately held companies solely in Southern California with annual revenues of $2MM to $200MM. From Santa Barbara to San Diego. Basically, if there is a deal in CA that’s worth the driving distance for one of our Relationship Managers; because we meet each client in person at the very least once or twice.- Robert Selway



Agility Solutions; we fund all equipment used by Wireless Internet Service Providers. Click here to see Leasing News story. Broker Qualify - Please Call http://www.leasingnews.org/archives/November%202005/11-15-05.htm#niche
Allegheny Valley Bank Leasing
"We are looking for some new business avenues. We are like everyone today… cautious yet we are somewhat optimistic about the future. We presently have 6 approved regional brokers and a 4 direct vendor programs. 2 small ticket and 2 larger ticket (average ticket size of $250k). We like medical business of all types and can be very responsive to brokers / vendors that work with us closely. We are looking for relationships not just transactions."
"Out of Market transactions must be at or near Investment Grade."
* 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. Broker Qualify - For Broker qualification please click here.
Allegiant.pdf
Barrett Capital Corporation: Broker Qualify - Please Call
Black Rock Capital (Ireland) Limited and Black Rock Capital (UK) Limited provide the same services for small to middle market corporations in the European Economic Community and the United Kingdom.
Boston Financial & Equity Corporation, most of our leases are venture capital backed startups and turnarounds. We require full financial disclosures, CPA and internal statements, no tax returns. We do not required additional collateral, no PG's or RE needed. Do not send deals with large tax liens, especially if they are payroll taxes. Broker Qualify - A deal in hand and a full package

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.

Calfund, LLC finances 18 wheelers and some trailers for owner operators with substandard credit.
Cobra Capital, LLC. Comments: Our registered trademark "Solutions that work" is our designator of origin and central marketing identity for both strong and weak credits. In addition to funding strong credits, we have also developed a 15 year history, (from Cobra and my prior company GALCO), with funding specialty, non-conforming transactions and have a solid reputation for candidly responding to our originators and lessees and working diligently to mitigate deal risk rather than making excuses to turn deals down. Our originators prefer our underwriting approach to non-conforming transactions since unlike most non-conforming funders, we prefer to mitigate risk versus jacking our return. Both Originators and Lessee's prefer our candid approach as we are also frequently asked to advise lessee's and lessors on the best way to structure their bank loans and raise capital due to our 30+ year banking and accounting backgrounds as my partner and I are both former bankers and CPA's.
Commerce National Bank is an “A” credit lender looking to fund bank type credits in California.  We have an “Application Only” and a “Financial Statement” program. For “App Only” our range is from$20-100K. In our “financial statement” program and we look for transactions that have a demonstrable cash flow.  Our sweet spot is in the $100-$400K range, but will consider larger transactions. We also will consider the contiguous states with a financial package.
Cheasapeake Industrial Leasing Co.,Inc 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

Exchange Bank Leasing--We are an "A" credit lender working with professional lease brokers who originate leases and loans for companies located in California. We are credit driven and our list of industries and list of equipment we will not lease for a qualified client is very short. Our credit managers are available to the lease professionals we work with. We like to know the lease professionals we work with very well - visiting with them often.

Financial Pacific Leasing is a subsidiary of Umpqua Bank.  FinPac has been in business since 1975, and supports a nationwide network of Third Party Originators. Our small ticket group funds transactions ($5,000 - $100,000) "A" to "C" credits.  Our commercial group funds transactions ($100,000 - $500,000) for “A” 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.
Forum Financial Services, Inc., prefer venture capital backed start-ups and middle market to large corporate turnaround companies including companies in bankruptcy and post bankruptcy. Our absolute minimum sales for an established business with financial problems are $10.0 million. (this does not include venture capital backed start-ups). Broker Qualify - Please visit our website at www.forumleasing.com or call 972-690-9444 ext. 225
Gonor Funding specializes in hard to fund leases with D credit. Collateral based with good rates and commission program. Broker Qualify - Please Call
Lease Corporation of America in business over 20 years has been funding selected brokers since 2001. We currently fund brokered transactions from $10,000 t0 $75,000 at LCA Bank and have placement capability up to $1MM. We have a very strong service platform designed to process a large volume of small ticket transactions. We are particularly interested in developing special funding programs for flow business and SBA loans in excess of $400,000.

LPI-HC specializes in working Capital Loans / Equipment Financing for new and established medical professionals with our target market being dentists, medical doctors, veterinarians and physical therapists. We also offer any type of Medical Practice Refinancing for established medical professionals that want to consolidate all their practice debts and improve their cash flow position. "We have the financial solutions to help start and grow a practice with repayment programs designed for medical professionals to manage their money."
Broker Qualify - Please Call
Kurt Hess
770-579-2900 ext. 1100
Address:
2260 Rushmore Dr .
Suite B-3
Marietta , GA 30062

First Midwest Equipment Finance Co.

Provides financing, leasing, and lending services to businesses and municipalities with “A” through “D” credit profiles throughout the United States, Canada, Mexico, and South America.  Since inception, FMEF has provided nearly $1 billion in financing to over ten thousand customers. Also seeks third party originations.

Financing programs, leases, and loans for equipment costing from $10,000 to $10,000,000+.  “Application only” programs (No financials or tax returns required) for equipment up to $350,000 and we generally make a credit decision on these transactions within 24 hours.

www.netlease.com

National Equipment Finance---Summary NEF
Target Transaction: Individual transaction size: $500k - $25MM+ Structures: Term Loan, (True) Lease, Sale Leaseback
Collateral: Generally critical use equipment such as manufacturing, construction, transportation, energy/mining, marine, aircraft, and up to $2MM of owner occupied real estate. No: FF&E, telecomm, IT, high tech.
Term: 2 – 7 years
Advance rates: Generally 75% -> 100% of OLV/FMV
Club Deals: We will work with other lenders/lessors Books $36 Million First Six Months in Business http://www.nationsequipmentfinance.com/article3.html
Pawnee Leasing Corporation - * As for re-brokered transactions, we do consider when notified at the point of submission.  We require the company, and personal name of the individual that originated the application.

Pawnee Leasing Corporation is a small-ticket equipment leasing company specializing in providing business equipment Leases for equipment financing from $1,000 – $200,000 for all credit types. Founded in 1982, we originate all of our leases through an independent network of lease brokers and conduct business in all of the lower 48 states of the U.S. We are active members and leaders in several industry trade associations including the National Association of Equipment Leasing Brokers (NAELB), National Equipment Finance Association (NEFA), and the Equipment Leasing and Finance Association (ELFA)

P&L Capital: 24-36 month leases on name brand desktops, laptops, and monitor.
Standard Professional Services. LLC is a non-cookie cutter funder who does not credit score.
Summit Leasing consider ourselves to be primarily "B" credit lenders, working almost exclusively through brokers. Broker Qualify - Contact us
TEAM Funding Solutions is a C-credit funder that provides a unique alternative to credit scoring. We fund new business start-ups and older businesses with weaker credits when we roll up our sleeves to understand “their story.” Equipment leases are approved and funded based on common sense, the Lessee’s ability to pay and the Broker’s input.
Bankers Capital "We will do ANY Type of Equipment, in ANY industry, in ANY state.  We especially like 6-figure transactions with full financial packages no matter how good or bad they look.  We look to structure the story C&D credits with any kind of additional collateral that makes sense.  It could be with 2nd or 3rd mortgages on residential or commercial Real Estate, additional equipment, cash value life insurance, security deposits, vendor agreements.  We look for any way to make the deal work instead of looking for any way to decline the deal." Broker Qualify - Please contact Larry LaChance
Northwest Leasing Company, Inc.
We focus on transportation and construction industry equipment leasing.

Business Reports: Companies listed may make any netiquette comment about their company or reports or other information in the footnote section of their listing. Leasing News recommends readers also view the footnote as well as the section itself or searching reports on the business.

It also should be noted that if a BBB report listing is found by a reader, as there may not have been one when this was last up-dated, please send the link to kit@leasingnews.org so Leasing News may up-date this section.

Leasing Associations: All non-profit leasing associations are abbreviated. To see the full name and learn more about the association, please click here.

BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information

A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen


N/R (not reported)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)