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 ›

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.

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 ›

Loeb Term Solutions Invests in SQN Latina to Provide Equipment Financing in Mexico

The Partnership is Focused on Providing Equipment Financing in Mexico with Fundings up to $4,000,000 per Deal 

Loeb Term Solutions announces its recent partnership in SQN Latina, a Mexico city-based industrial asset lender focused on small and medium enterprises. The partnership between the two companies is breaking barriers in the manufacturing, construction and transportation industries by its ability to offer equipment financing in Mexico. 

"We have received many requested from U.S. manufacturers that have facilities in Mexico that would like to leverage that equipment. Until now there has not been a seamlessly integrated way to do this in U.S. currency," stated John Hagist, CFO of Loeb. "We're thrilled with this new partnership and the opportunities that it will bring to our clients, both state-side and based in Mexico." 

Domestic companies wanting to leverage their assets in Mexico, but borrow and pay in U.S. dollars (USD), now have options to secure financing. The deals, ranging between $500,000 and $4,000,000 dollars (USD), are structured as sixty-month term leases with a small residual. 

SQN Latina is founded by Tanir Helayel and Eduardo Mendoza, veterans in asset-based lending with over 30 years in industrial financing. Currently the start-up has secured lending lines of over $75,000,000 USD. 

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. 

About Loeb

For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Headquartered in Chicago with a 150,000 square foot facility, Loeb provides: equipment sales, purchases, rentals, certified market appraisals, auction services and equipment term loan financing. For more information on Loeb or any of its business units, please visit: www.loebequipment.com. 

About SQL Latina

Headquartered in the heart of Mexico City, SQN Latina was established to meet the needs of small and medium businesses for procurement and financing of industrial equipment, across industries as diverse as manufacturing, high tech, construction, industrial services, utilities and more. Our funding capabilities are second-to-none, allowing for leasing of all brands of equipment in the most competitive, efficient and flexible terms. SQN Latina's account managers are experts within the industries they serve and have an intimate knowledge of commercial equipment and leasing. Our goal is to establish solid, long term relationships with our customers, investing in our partners and referral sources. For more information, visit: www.sqnlatina.com

Loeb Term Solutions Finances Over $8.5 Million Dollars’ Worth of Industrial Equipment in June Providing Solutions for 3 More Manufacturers

Chicago-based lender, Loeb Term Solutions, closed out June by financing over $8,500,000 dollars' worth of industrial machinery and equipment. The financing is helping a southwest precious metal mining operation, a southeast sod manufacturer, and a sustainable packaging manufacturer, expand their businesses in order to meet the demands of their industries.

$6 Million to a South Central Sustainable Packaging Facility	$2 Million to a Southwest Rare Mineral Mining Operation	$600,000 to a Southeast Sod Manufacturer

"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," stated Jim Newman, Loeb Term Solutions' Managing Partner. "Our equipment term loan product is the perfect solution for companies looking to leverage working capital from existing assets in order to expand their operations. They are less expensive and easier to pay off early compared to Sale Leaseback products."

Since 2010, Loeb Term Solutions has provided funding on over $190 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.

About Loeb
For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Headquartered in Chicago with a 150,000 square foot facility, Loeb provides: equipment sales, purchases, rentals, leasing & liquidations, certified market appraisals from Loeb Appraisal, auction services & asset disposition from Loeb Winternitz Industrial Auctioneers, and equipment term loan financing from Loeb Term Solutions. Loeb and all of its divisions are experts in providing equipment solutions to the: food, pharmaceutical, cosmetics, chemical, metalworking, woodworking, plastics, and printing industries. For more information on Loeb or any of its business units, please visit: www.loebequipment.com.

Asset Based Lending in Volatile Industries

Testimonials From a Client at Every Step in the Finance Life Cycle:

During Due Diligence: "When a strategic acquisition opportunity presented itself, I needed to move fast with assets that typical lenders do not like to finance. To get the deal done, Loeb Term Solutions not only assisted in the syndication, but also assisted in the organization of the collateral and the cleanup of over 600 liens -- all above the other various hurdles normally encountered during an acquisition by a new company." 

After Closing: "Loeb Term Solutions was a real team player in this process and saw these issues through with their persistence, determination and their suggestions to take care of the matter at hand." 

After the Successful Liquidation of Assets: "Thank you for all your help through this. Not sure how this would have gone if you didn't have my back. I will not forget and hope we can do something in the future." 

Asset Based Lending in Volatile Industries

As with any asset-based financing, lending on the machinery requires a pre-planned exit strategy. Volatility in any industry could result in a liquidation of the company and its assets, but it's important for our finance partners and clients to understand that the assets we are lending on potentially have different values depending on the industry utilizing them.

About a year ago, Loeb Term Solutions financed a company in the scrap metals and recycling industry. Changes in the value of scrap metal caused the closure of the business. Recognizing that asset values may be different in other industries, LTS felt the current value of the assets protected its loan and was comfortable in the decision to hold off on the liquidation since we knew much of the equipment would be used in other "healthier" industries. 

The owner decided to work through an Assignment for the Benefit of Creditors (ABC), and with the cooperation of all parties, the Assignee was able to liquidate some of the assets under the LTS lien in an Orderly Manner that allowed those buyers to buy before the auction and to continue to service the clients of the Borrower. After several months of this type of liquidation, the remaining assets were offered for sale in Bulk and sold to an Auctioneer group that then ran an auction to sell the remaining individual items piece-by-piece. 

Because of Loeb's valuation expertise and industrial knowledge, all ended well for everyone. The Assignee was able to run an orderly closure of the business, LTS was able to be paid off in full for its Term Loan on the machinery, and the auctioneer made a profit for the work he did selling off the pieces. 

On the other end of the spectrum, we currently have a turnaround situation underway in another volatile market, the printing industry. This deal poses a much bigger risk as printing presses cannot be redeployed for use in other industries. In this case, the exit strategy hinges on working closely with the owner of the shutdown facility, and allowing him time to find competitors who may be interested in his presses before we take them to auction. 

As a lender, LTS recognizes the differences in these distressed industries and we structure our loans accordingly in order to protect both the borrower and the lender. Largely this is accomplished by adjusting the advance rate. For clients with machinery that has a stronger resale value to alternative industries, a larger advance rate can be funded. Whereas companies with very specific machinery to their industry, can only be advanced a smaller portion of their appraised value. Overall, the key to lending within distressed industries is having a solid exit strategy that fully recognizes the value of the machinery and whether or not it may be specific to the industry you're lending in. 

We finance all types of businesses because we know asset values!
How can we help you with your financing needs?

Let us know how we can help! Contact Jim Newman today at (773) 496-5720 or jimn@loebtermsolutions.com.

Learn More About Loeb Term Solutions ›

LTS Provides Financing on Over $7.4 Million Dollars’ Worth of Industrial Equipment

Loeb Term Solutions provided financing of over $7,400,000 dollars’ worth of equipment to a Southeast metalworking facility which has experienced substantial growth over the past 8 years. The financing is helping the facility, which specializes in steel and aluminum mounting products for the solar industry, restructure their debt and refinance the existing leases on their machinery.

Since 2010, Loeb Term Solutions has provided funding on over $185 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.

Loeb Term Solutions Finances Equipment Valued at Nearly $7.8 Million in February

The entire process – initial contact, letter of intent, site visit, due diligence, resolution of gating issues, documentation, and closing – has been one of the easiest interactions that I have had as a turnaround professional in almost 20 years.  – S. Williams, Managing Director

FEATURED FUNDING:

Customer: A South Central Oil Driling Manufacturer Financial Situation: The new owner of the company was in need of additional working capital order to complete the acquisition. Solution: Loeb Term Solutions provided a term loan on the equipment valued in excess of $1.9 Million

OTHER FUNDINGS INCLUDE:

$3.3 Mil. to a South Central Oilfield Support Company	$1.4 Mil. to a Southwest Technology Manufacturer	$650,000 Southwest Steel Fabrication Facility	$550,000 Midwest Plastics Manufacturer

Startups, fast growing, downsizing, bankruptcy, note purchases...We finance all types of businesses because we know asset values!

Over $105 Million Worth of Equipment Financed!

How can we help you close more deals?

If you are currently working with clients who may have upcoming financing needs, contact Jim Newman today at (773) 496-5720 or jimn@loebtermsolutions.com.

Learn More About Loeb Term Solutions ›

Loeb Term Solutions Finances Over $9 Million Dollars Worth of Industrial Equipment in January Providing Solutions for 3 Manufacturers

Equipment Valued in Excess of $6.8 Million to a South Central Textiles Factory

Equipment Valued in Excess of $1.7 Million to a Southeast Plastics Manufaturer

Equipment Valued in Excess of $550,000 to a Midwest Plastics Manufacturer

"I wanted to write to thank you personally for your heroic efforts and 'stick-to-it-iveness' in getting our deal done...This business is our life's work and you are an integral part of it now. You are way more than a lender to me--more like a real hard working and trusted friend. We thank you for what you are doing as a lender. We cherish you for what you are doing as a friend." - R. Davis, CEO

On the heels of a record funding year for Loeb Term Solutions, the Chicago-based lender has closed January by financing another $9,000,000 dollars worth of industrial machinery and equipment. The financing will help a global textile company open a new US facility and two plastics manufacturers expand their businesses during a time of growth.

“Our equipment term loans were initially conceived to help companies just like these three,” stated Jim Newman, Loeb Term Solutions’ Managing Partner. “With our extensive history in manufacturing equipment and our machinery knowledge, we are uniquely positioned to help companies needing to leverage working capital from their existing assets in order to expand their operations.”

Since 2010, Loeb Term Solutions has provided funding on over $97 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 Loeb Term Solutions and its recently funded deals, visit: www.loebtermsolutions.com.

7 Things You Need to Know About Equipment Based Lending

By Jim Newman Principal

Recently, I was approached to speak on a panel regarding lending on special assets. Time and time again, I was asked about Loeb Term Solutions' unique approach to the lending business based on our extensive history of buying, selling, appraising and auctioning industrial assets. Simply put, we live and breathe machinery! I thought, as obvious as it may seem to us at Loeb, it might prove helpful to our partners in the lending community to know the 7 Key Points we apply to our term loan process.

7 Things You Need to Know When Lending on Machinery:

1. Understand how fast the market can absorb the type of machinery being financed. Highly specialized equipment usually takes longer to liquidate than "standard" mainstream equipment. It is the job of the lender to understand this liquidation process and to make sure they are comfortable and that the projections are obtainable. Remember, the more comfortable the lender is, the more money the lender may choose to advance. 
2. Have a clear exit strategy. Have a clear understanding on how you will liquidate the machinery in the event of a default. The easier this process is, the easier it is for the lender to advance more money.
3. Be flexible with the original collateral pool. In the event of third party leases, you must be willing to allow a small amount of the equipment to continue with its lease. Especially if there is excess equity in the lease and that equity is not needed to structure your deal. However, you should make sure to file a blanket lien on all the equipment in the event of liquidation. The equity in the leased equipment should "captured" for the benefit of the lender and the borrower.
4. Always make sure you have a first position lien on the machinery. All the old liens must be cleaned up during the due diligence process in order to properly secure your investment.
5. Always file a blanket lien on all assets in order to protect the guarantor of the loan. This prioritizes that the business assets are used first to pay off the lender before any personal assets are needed. When the borrower is also borrowing from another lender on its A/R and/or inventory, the two lenders must have an intercreditor agreement in place to spell out their respective positions on the assets.
6. Prepare to be flexible during the term of the loan as the borrower's needs change. Lenders need to have a method to provide additional funding to borrowers who have kept current with their existing loan and need additional funds for additional equipment.   
7. Always trust your instincts! Lenders cannot document everything that is possible. We always depend on the integrity of the borrower as the relationship needs to be a win/win relationship. 

Loeb Term Solutions is always looking to assist Lenders with hard to finance assets...We finance all types of businesses because we know asset values!

How can we help you close more deals?

Loeb Term Solutions Welcomes Dave Wanders to Team as New Business Development Officer

Loeb is pleased to announce the addition of Dave Wanders to the Loeb Term Solutions team as its newest Business Development Officer. He joins Jim Newman, Managing Partner and the rest of the team in focusing on expanding the financial arm's equipment-based lending portfolio.

"Dave's addition to the team comes at a time of growth for the company," stated Jim Newman, Loeb Term Solutions' Managing Partner. "In just three short years we've grown a considerable portfolio of equipment-based deals funded with significant growth potential in 2014."

Since 2010, Loeb Term Solutions has provided funding on over $40 million dollars' worth of industrial machinery within the food, pharmaceutical, chemical, cosmetic, metalworking, and woodworking industries. The company's asset-based lending division offers specialty financing for the industrial marketplace with funding amounts ranging from $300,000 to $5,000,000.

"Having previously worked with Dave in the industry, we knew someone with his experience, integrity, and knowledge would be a huge asset to our team," stated Howard Newman, President of Loeb.

Dave is an industry veteran with over 30 years of corporate and commercial finance experience largely in the asset based industry. Most of his career has been spent in business development focusing on sales and general management for such companies as: Goldman Sachs, GE Capital, First National Bank of Chicago, Transamerica Business Credit, Stearns Financial Services, and Gibraltar Business Capital.
He holds a B.A. from Yale University and M.M. from Northwestern University's Kellogg School of Management and is a member of the Turnaround Management Association, the Association for Corporate Growth, the Alliance of Merger & Acquisition Advisors and the Midwest Business Brokers & Intermediaries.

Loeb Term Solutions is an affiliate of Loeb offering equipment term loans and purchase leasebacks to the industrial marketplace. For more information on Loeb Term Solutions and its recently funded deals, visit: www.loebtermsolutions.com. To contact Dave directly regarding financing or new business opportunities, he can be reached via email at davew@loebtermsolutions.com or (312) 509-0943.

About Loeb
For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Headquartered in Chicago with a 150,000 square foot facility, Loeb provides: equipment sales, purchases, rentals, leasing & liquidations, certified market appraisals from Loeb Appraisal, auction services & asset disposition from Loeb Winternitz Industrial Auctioneers, and equipment financing from Loeb Term Solutions. Loeb and all of its divisions are experts in providing equipment solutions to the: food, pharmaceutical, cosmetics, chemical, metalworking, woodworking, plastics, and printing industries. For more information on Loeb or any of its business units, please visit: www.loebequipment.com.

Over 4.5 Million Worth of Equipment Financed to Solve 4 More Clients Needs

Recent Transactions Include:

$1.5 Million - M & E Term Loan to a Midwest Surface Coal Mining Operation...Read More ›
$1.1 Million - M & E Term Loan to a Midwest Printing Operation...Read More ›
$1.1 Million - M & E Term Loan to a Southwest Nutraceutical Manufacturer...Read More ›
$750,000 - M & E Term Loan to a Southeastern Protein Processor...Read More ›

Startups, fast growing, downsizing, bankruptcy, note purchases...We finance all types of businesses because we know asset values!

How can we help you close more deals?

Customer: A Midwest Surface Coal Mining Operation Financial Situation: The customer was looking to bring existing vendors current and to expand their operations. Solution: Loeb Term Solutions was able to provide a term loan on the equipment valued in excess of $1.5 Million

Customer: A Midwest Web Offset Printing Operation Financial Situation: The customer was looking for additional liquidity during their corporate turnaround. Solution: Loeb Term Solutions was able to provide a term loan on the equipment valued in excess of $1.1 Million

Customer: A Southwest Nutraceutical Contract Manufacturer Financial Situation: The new parent company utilized the equipment financing to complete the acquisition of the company. Solution: Loeb Term Solutions was able to provide a term loan on the equipment valued in excess of $1.1 Million

Customer: A Southeastern Protein Processor Financial Situation: The customer was looking to restructure their existing debt and bring vendors current. Solution: Loeb Term Solutions was able to provide a term loan on the equipment valued in excess of $750,000

If you are currently working with clients who may have upcoming financing needs, contact Jim Newman today at (773) 496-5720 or jimn@loebtermsolutions.com.

Your partnership with Loeb has made our contribution to the Red Cross possible!

Happy Holidays and Happy New Year!

Your partnership with Loeb has made our contribution to the Red Cross possible!

During this Holiday season we wanted to take a moment and express our appreciation. In today's world you can't be successful without others and we wanted to take this time to thank you for your support of us and we hope that you feel we have been equally as supportive to you. For the last 5 years instead of giving out small trinkets as a sign of our appreciation, we have been making donations to worthy causes to help make our world a better place. This November, a massive storm system swept through the Midwest, leaving widespread destruction in its wake. Hundreds of thousands were affected by these storms including friends and family of Loeb employees. We wanted to help with the ongoing support of Southern Illinois this holiday season as they continue to recover and rebuild. By donating to the Red Cross, we are mobilizing relief workers and helping to stock shelters with greatly needed food and supplies.

We are grateful to you, our customers and partners, for your continued business and we hope you appreciate being a part of our support of the Red Cross and their efforts to bring assistance to those deeply affected by the storm.

We Wish You a Wonderful Holiday Season

& a Happy New Year!

Loeb Term Solutions Solves Four More Clients Financing Needs on Equipment Valued at Nearly 4 Million

$1.3 Million - M & E Term Loan to a Southern Cosmetics & Personal Care Products Manufacturer in need of additional working capital in order to launch a new product line…Read More ›

$1.2 Million - M & E Term Loan to a Southeast CNC Metalworking Fabrication Shop in need of capital to fulfill newly acquired defense contracts...Read More ›

$500,000 - M & E Term Loan to a Northeast Full Service
Marina/Dock Facility looking to expand their operations...Read More ›

$500,000 - M & E Purchase Leaseback to a Midwest Manufacturer of Drive-train, Steering Components looking to expand their operations...Read More ›

Startups, fast growing, downsizing, bankruptcy, note purchases...We finance all types of businesses because we know asset values!

How can we help you close more deals?

Customer: A Southern Cosmetics Manufacturer Financial Situation: The client was in need of additional working capital in order to launch their new product line for 3 new high volume customers Solution: Loeb Term Solutions provided a term loan on the equipment valued in excess of $1.3 million

Customer: A Southeast CNC metalworking operation Financial Situation: The client needed capital to purchase material to fulfill a new defense contract Solution: Loeb Term Solutions provided a term loan on the equipment valued in excess of $1.2 Million

Customer: A Northeast full-service marina & dock facility Financial Situation: The customer was was looking to expand their operations Solution: Loeb Term Solutions worked with the client to pay off their existing debt while funding a term loan on their equipment valued in excess of $500,000.

Customer: A Midwest manufacturer of drive-train, steering components and assemblies for heavy equipment Financial Situation: The customer was expanding their production line and needed to purchase additional assets Solution: Loeb Term Solutions was able to provide a purchase leaseback on the equipment valued in excess of $500,000

Loeb Term Solutions Funds 3 New Deals on Equipment Valued at Over 3.3 Million

"...The responsiveness and thoroughness of the entire Loeb Term Solutions team throughout this process was outstanding and ranks among the best I have encountered..." -- Erv, PA

When approached by a customer with a very time sensitive need for additional liquidity, Loeb Term Solutions was able to deliver! From the day Loeb got the initial call to the actual funding, took just 29 days.

Loeb Term Solutions Recently Closed the Following Deals:

Customer: Michigan Leading aluminum die-casting company located Financial Situation: This client was in need of additional working capital during a period of growth. Solution: Loeb Term Solutions worked closely with the client to structure new fuding that provided additional capital while consolidating previous funding. Loeb Term Solutions provided a term loan on the equipment valued in excess of $1.5 million.

Customer: Pennsylvania Manufacturer of Reciprocating Compressors Financial Situation: Loeb Term Solutions was contacted by the client who had a very time sensitive need for additional liquidity. Solution: Loeb Term Solutions provided funding that went toward bringing the client back in covenance with the AR lender as well as providing additional working capital. The equipment was valued in excess of $1 Million.

Customer: Wisconsin Custom Metal Fabrication & Machining Shop Financial Situation: Customer needed additional working capital in order to restructure their debt. Solution: Loeb Term Solutions worked with the customer's AR lender to provide an equipment term loan on the equipment valued in excess of $800,000.

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.

Choosing the Correct Partner Will Help Your Bottom Line

"Thank you, and again I appreciate the way your company handled our liquidation."

Even when faced with the closing of his business, Loeb's integrity and business practices helped our client recover capital and propted him to send a note of appreciation for our work.

It is imperative to align yourself with the correct firm who understands the assets you plan to take as collateral. Loeb Term Solutions has recently dealt with 3 situations that required the debtor to auction off their equipment.

In each case, Loeb Term Solutions retained an auction firm that handled the liquidation appraisal and subsequent auction. Each of the auctions were successful in accomplishing a variety of goals: Loeb Term Solutions was paid in full, the working capital lenders were made whole if they had a shortfall on their direct collateral, and the borrower received any excess funds.

Please take a look at the market analysis supplied by Loeb's subsidiary, Loeb Appraisal which describes, in detail, the state of the used equipment marketplace and what verticals are strong.


Download the Appraisal Market in Review

Loeb Term Solutions Recently Closed the Following Deal:

Customer: A high end catering company specializing in healthy food alternatives.

Financial Situation: The client was in need of additional working capital to pay off their existing bank loan and vendors as they anticipated growth of their business.

Solution: Loeb Term Solutions provided an equipment term loan on the equipment valued in excess of $550,000.

If you are currently working with clients who may have upcoming financing needs, contact Jonathan Bloom today at (773) 496-5737 or jonb@loebtermsolutions.com.

Startups, fast growing, downsizing, bankruptcy, note purchases...We finance all types of businesses because we know asset values!

How can we help you close more deals?

In each situation, we're assisting our customers with start-up expenses, new business development, product expansion, and restructuring of debt.

Loeb Term Solutions Provides 3 New Financing Deals

Our recent funding transactons, include:

	Equipment Valued in Excess of $1 Million to a New York Contract Manufacturer Specializing in Sheet Metal Enclosures
	Equipment Valued in Excess of $1.7 Million to a Michigan Sheet Metal Prototype & Production Supplier
	Equipment Valued in Excess of $1.7 Million to a Start-up New York Plastics Manufacturer

Loeb Term Solutions Provides New Financing Deal

Loeb Term Solutions provides new financing on equipment valued in excess of $430,000 to a California Producer of Aluminum Metal-Matrix Composite Material.

Let Loeb Term Solutions & Loeb Financial Services Help You Secure Equipment Financing

Need help securing Equipment Financing? Contact Loeb! We are a private Equipment Term Loan and Equipment Purchase Leaseback company offering strong lending support to underserved businesses throughout North America. We specialize in providing solutions to challenging financing situations.

Not in need of financing, but know a company who does? Call and talk to us today -- we offer referral fees.


Our recent funding transactions include:

Equipment Valued in Excess of 

$1.02 Million

to a Michigan Plastics Mfg. Producing Automotive Interior Parts