Wednesday, December 20, 2017

LTS is Helping Chicago's Junior Hockey Teams have a Better Experience

The teams are skating a lot smoother over at Johnny's Ice House thanks to their new Zamboni from Loeb Term Solutions. In addition to Loeb being a sponsor of their Dasher Board program, they also stepped in when the ice rink needed to replace their Zamboni.

"Johnny's operates two great facilities in Chicago and is home to many youth teams so we were eager to step in and help the kids out," stated Andy King, Executive Vice President, Originations for Loeb Term Solutions. "We look forward to seeing the teams enjoying the fresh ice."

Loeb has a long history of supporting youth organizations with past contributions to Make-a-Wish, Big Brothers Big Sisters, Bookwallah, and The Children's Heart Association.

Currently working with clients who have financing needs? Contact Andy King today at (773) 496-5739 / andyk@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

Thursday, November 30, 2017

LTS is Assisting Another Manufacturer Grow Their Business with a Flexible Equipment Term Loan

Loeb Term Solutions is pleased to finance another $3.8 Million Dollars' worth of industrial machinery helping a manufacturer and distributor of utility, wireless, and structural towers and components leverage working capital from their equipment!

Currently working with clients who have financing needs? Contact Andy King today at (773) 496-5739 / andyk@loebtermsolutions.com.


$3.8 Million
to a Midwest Manufacturer
of Utility Towers

We are always pleased to pay referrals at closing!

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

Thursday, July 20, 2017

LTS Solves Growth Issues for 5 More Companies by Providing Equipment Financing Solutions

Loeb Term Solutions financed over $9 Million Dollars' worth of industrial machinery helping 5 companies within the metalworking, automotive machining, and food processing industries leverage working capital from their machinery and equipment! 

Currently working with clients who have financing needs? Contact Andy King today at (773) 496-5739 or andyk@loebtermsolutions.com.

$5 Million
to a Southwest Highly Automated CNC Metalworking Facility

$2 Million
to a Midwest Automotive Parts Manufacturer

$750,000
to a Southwest Produce Processor

$700,000
to a Midwest Precision Machining Facility

$700,000
to a Midwest Metalworking Facility

 

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

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.