Friday, August 2, 2013

Loeb Term Solutions Provides a Term Loan on Equipment Valued at over $1 Million to a Compressor Manufacturer

Loeb Term Solutions provided an equipment term loan to a manufacturer of lubricated and non-lubricated reciprocating compressors commonly used with natural gas compression, cogeneration and CNG vehicle fueling applications. Their customer was looking for additional capital to exercise the buyout option on their leased equipment and their AR lender wanted to move away from lending on the machinery. Loeb Term Solutions provided an Equipment Term Loan on the equipment valued at over $1 Million dollars, leveraging the client assets to provide working capital and working in partnership with their AR lender.

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

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