Monday, April 3, 2017

LTS Finances $7.7 Million Dollars' Worth of Equipment Providing Solutions to 5 More Companies

Loeb Term Solutions financed over $7.7 Million Dollars' worth of industrial machinery helping 5 more companies within the following industries: Metalworking, Woodworking, Agriculture & Contract Manufacturing.

Currently working with clients who have financing needs? Contact Andy King today at (773) 496-5739 / andyk@loebtermsolutions.com.
$2 Million
to a Midwest Metalworking Facility
$2.5 Million
to a Southeast Agriculture Operation
$1.5 Million
to a Midwest Precision CNC Facility
$1.4 Million
to a Midwest Contract Manufacturer
$250,000
to a Southeast Furniture Manufacturer

We finance all types of businesses because we know asset values! How can we help you provide the maximum funding amounts to your clients??

Learn More About Loeb Term Solutions




Now Providing Equipment
Financing in Mexico

Domestic or foreign companies wanting to leverage their assets in Mexico, with the option to borrow and pay in either US Dollars or Pesos, now have options to secure financing.



Industries Served
  • Food
  • Chemical
  • Cosmetics
  • Pharmaceutical
  • Metalworking
  • Woodworking
  • Construction
  • Energy/Mining
  • Healthcare
  • Agriculture/Forestry
  • Utilities

Thursday, March 2, 2017

Loeb Term Solutions Partners to Close $2.5M Cross-Border Equipment Financing

Loeb Term Solutions announces the successful closing of a cross-border, industrial equipment financing transaction for a manufacturing production line in Tijuana, Mexico. 

“Our goal is to provide the client with the best options for their financing needs,” stated John Hagist, CFO of Loeb. “Regardless if the equipment is in the US or Mexico or if they want the transaction denominated in US Dollars or Pesos we can provide a solution.” 

A U.S.-based manufacturing client with production facilities in Mexico was looking to leverage their assets for a plant expansion. Both new and used equipment were acquired in the U.S. prior to shipment to Tijuana. New equipment was also installed directly in the client’s Tijuana facility. 

A successfully structured multi-stage, $2.5 million U.S.-dollar denominated, equipment financing solution consisting of a sale leaseback of the used machinery and an operating lease of the new equipment was provided to the client in order to expand their Mexican production facility and meet growing demand for its products. 

 For more information on equipment financing in Mexico, contact John Hagist at (773) 496-5744 or johnh@loebtermsolutions.com.

Thursday, January 5, 2017

LTS Finances Over $6.9 Million Dollars' Worth of Equipment in December

Loeb Term Solutions, closed out the year by financing another $6,900,000 dollars’ worth of industrial machinery and equipment in December. The financing supports a precision die casting company, a metal fabrication facility, an aluminum extrusion facility, and a heavy construction company, helping to expand their businesses in order to meet the demands of their respective industries. 

$2.5 Million
to a Southeast Fabricating &
Stamping Company
$2.3 Million
to a Midwest Heavy Aluminum Fabrication Facility
$1 Million
to a Midwest Metalworking Facility
$400,000
to a Midwest Heavy Construction & Excavation Co.

“Our equipment term loans are the perfect solution for companies looking to leverage working capital from existing assets in order to expand their operations,” stated Jim Newman, Loeb Term Solutions’ Managing Partner. “LTS’ expertise in all facets of industrial equipment makes us uniquely positioned to quickly and efficiently lend on machinery that traditional lenders often choose not to finance.” 

Since 2010, Loeb Term Solutions has provided funding on over $208 million dollars’ worth of industrial machinery. 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, a fifth generation provider of reliable equipment and related services to the industrial marketplace. For more information on equipment term loans from Loeb Term Solutions visit www.loebtermsolutions.com.

Wednesday, November 2, 2016

Loeb Welcomes Andy King to the Team as Executive Vice President, Originations

Loeb is pleased to announce the addition of Andy King to the team as the Executive Vice President, Originations. He joins the organization focusing on expanding the company's equipment-based lending portfolio, as well as, appraisal, auction, and off-lease remarketing services. 

"Loeb has grown its finance group with great people and with the addition of Andy that continues," stated Jim Newman, Principal, Loeb Term Solutions. "I look forward to working with Andy and having him take over the Origination part of our group." 

Andy brings over 16 years' experience as an accomplished senior bank executive with significant experience as a middle market commercial banking officer. Previously at PrivateBank working with their special assets group and most recently with First Midwest Bank, Andy has focused on lending to finance companies, leasing companies, and collateral lenders. 

Andy received his undergraduate degree in Economics from Benedictine University and MBA from the University of Notre Dame. He is an active member of the Commercial Finance Association (CFA), both with the Chicago chapter and the national organization. 

He will be based out of Loeb's corporate headquarters in Chicago, Illinois and will be working with lead sources nationwide providing solutions across all of Loeb's business divisions. Andy resides in Glenview with his family where he enjoys coaching his children, golf, hiking, and fishing. 

Since 2010, Loeb Term Solutions has provided funding on over $200 million dollars' worth of industrial machinery. The company's asset-based lending division offers term loans on machinery and equipment with funding amounts ranging from $300,000 to $20,000,000. Loeb Term Solutions is an affiliate of Loeb, a fifth generation provider of reliable equipment and related services to the industrial marketplace. For more information on Loeb Term Solutions and its recently funded deals, visit: www.loebtermsolutions.com.

To contact Andy directly he can be reached at AndyK@LoebTermSolutions.com or (773) 496-5739.

Thursday, September 29, 2016

The 4 Most Important Points in Understanding Your Options in Equipment Financing

Equipment Term Loans vs. Purchase Leasebacks:
The 4 Most Important Points in Understanding Your Options in Equipment Financing

There are many financing options in the industrial marketplace and it's important to get a clear understanding of some of the benefits to financing equipment through equipment term loans versus a purchase leaseback. Understanding the differences in costs and legal structure between these two financing options is paramount.

1. Retention of Ownership - The major difference between them is ownership and who has the rights to depreciate the machinery. While both financing options allow for uninterrupted use of the machinery, only a term loan allows for retention of ownership of the assets by the borrower. With a term loan, because the borrower retains ownership, they also retain the right to the depreciation of the machinery over the duration of the financing.

2. P&L - With a term loan the interest portion of the repayment is expensed, whereas with a purchase leaseback the entire payment hits the P&L. 

3. New Acquisitions - Acquiring new assets or selling surplus is often easier within the legal terms of a term loan. Even when the ultimate goal is to unlock equity in order to purchase additional assets, the value of those additional assets can be included in the terms of the term loan from the start. Purchase leasebacks don't always have that level of flexibility.

4. Liquidation of Assets - While not always pleasant to discuss, the reality is that should a borrower fail to stay current, regardless of the type of financing, the equipment needs to be liquidated. With a term loan, any funds received above what the lender is owed, are either provided to the borrower or other secured lenders. With an equipment purchase leaseback, the lender receives all the funds from the liquidation.

Overall, while both may have their benefits, on paper, the fiscal health of a company in turnaround with a term loan may be looked upon more favorably by traditional lenders. 

For more information visit: www.loebtermsolutions.com.

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


We finance all types of businesses because we know asset values! How can we help you provide the maximum funding amounts to your clients??

Learn More About Loeb Term Solutions ›

Friday, September 23, 2016

Loeb Term Solutions Provides a Term Loan on Equipment Valued at over $1.2 Million to a Northeastern Contract Packager

Loeb Term Solutions recently provided an equipment term loan to a Pennsylvania-based contract packaging facility specializing in private label and specially crafted fine foods. The client was in need of additional working capital in order to expand their operations and purchase additional machinery. Loeb Term Solutions provided a term loan on the equipment valued at over $1.2 Million.

For more information on equipment term loans from Loeb Term Solutions visit www.loebtermsolutions.com

Wednesday, September 7, 2016

Loeb Term Solutions Announces the Graduation to a Traditional Commercial Bank Loan of a Midwest Metalworking Borrower

Loeb Term Solutions is pleased to announce the graduation of a Midwest metalworking facility after having provided an equipment term loan back in 2014. The company, a manufacturer of compressor housings and custom components for turbochargers, emission systems, valves and transmissions, sought equipment financing to leverage working capital in order to purchase the company after the owner passed away suddenly. 

After less than two years working with LTS, the company has grown substantially and is now able to qualify for traditional financing with a commercial bank. 

Since 2010, Loeb Term Solutions has provided funding on over $200 million dollars’ worth of industrial machinery. 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, a fifth generation provider of reliable equipment and related services to the industrial marketplace. For more information on equipment term loans from Loeb Term Solutions visit www.loebtermsolutions.com.