Monday, June 29, 2015

Deals Flow in Both Directions - LTS Wants to Participate in Deals with You!

Loeb Term Solutions recently participated in funding a 40 million dollar equipment term loan providing working capital to a Southern heavy civil construction company.

This opportunity was brought to us by a lender that we brought into a previous opportunity we had that we wanted to share.

Participating with other lenders to provide financing to a credit facility this large is something Loeb is doing more often and would love to hear from you if this is something that interests you as well.

Whether it's Loeb Term Solutions who brings other lenders into large fundings or LTS participating with other lenders, we enjoy working with other professionals to share expertise and resources for the benefit of all involved.

How can we help you provide the maximum funding amounts to your clients??

Customer: A South Central Heavy Civil Construction Company

Financial Situation: The working capital will be used by the client to restructure existing debt and includes a collateral pool of over 2,300 pieces of various industrial equipment.

Solution: Loeb Term Solutions provided a $5 Million Dollar Term Loan on the equipment valued in excess of $51 Million.
We finance all types of businesses because  we know asset values!

Over $150 Million Worth of Equipment Financed!

Currently working with clients who have financing needs?
Contact Jim Newman today at (773) 496-5720 or jimn@loebtermsolutions.com.

Learn More About Loeb Term Solutions

Friday, June 19, 2015

Loeb Term Solutions Participates in the Funding of Over 40 Million Dollars in Equipment Financing

Loeb Term Solutions recently participated in funding over 40 million dollars of industrial assets with a term loan providing working capital to a Southern heavy civil construction company.

Headquartered in Texas, the client specializes in the building and reconstruction of transportation and water infrastructure projects. The working capital will be used by the client to restructure debt and includes a collateral pool over more than 2,300 pieces of various industrial construction equipment including cranes, foundation drilling rigs, concrete paving plants, excavators, graders, compactors, loaders, dozers, tele-handlers, backhoes, tractors, trailers, pickup trucks and heaters. 

Loeb Term Solutions worked with a team of lenders and provided $5,000,000 toward the final funding amount. 

"Working with other lenders to provide financing to a facility this large is something Loeb is doing more and more of," stated Jim Newman, Loeb Term Solutions' Managing Partner. "Whether we have brought other lenders into large fundings that we have originated or participated with lenders in a different capacity, it's always a pleasure to work with partners for the benefit of the clients' unique financial needs." 

Since 2010, Loeb Term Solutions has provided funding for industrial machinery within the food, pharmaceutical, chemical, cosmetic, metalworking, plastic, woodworking and other industries. The company's asset-based lending division offers specialty financing for the industrial marketplace with funding amounts ranging from $300,000 to $20,000,000.

Loeb Term Solutions is an affiliate of Loeb offering equipment term loans to the industrial marketplace. For more information on Loeb Term Solutions and its recently funded deals, visit: www.loebtermsolutions.com.