Friday, July 24, 2015

LTS Funds Over $4.2 Million Dollars' Worth of Equipment This Month

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

Loeb Term Solutions recently partnered to fund a term loan on equipment valued at over $3.7 Million and spearheaded another term loan on equipment valued at over $600,000. 

While Loeb Term Solutions has the flexibility to provide exclusive funding to its clients, LTS enjoys working with other professionals to share expertise and resources for the benefit of all involved. 

 We finance all types of businesses because we know asset values!

Equipment Valued in Excess of
$3.7 Million
to a Midwest Food
Processor

Equipment Valued in Excess of
$600,000

to a Southeastern Film
Production Equipment Co.

Over $165 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

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.

Wednesday, May 27, 2015

Loeb Term Solutions Provides a Term Loan on Equipment Valued at over $1.5 Million to a Southwestern Commercial Bakery

Loeb Term Solutions recently provided an equipment term loan to a southwestern commercial bakery specializing in sweet and savory frozen bakery products. The company is looking to restructure their current financing and expand their operations to meet increasing demand. Loeb Term Solutions provided a term loan on the equipment valued at over $1.5 Million. 

Since 2010, Loeb Term Solutions has provided funding on over $110 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, April 15, 2015

Loeb Term Solutions Welcomes Eric Grozenski to the Team as a Business Development Officer

Loeb is pleased to announce the addition of Eric Grozenski 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.

"Eric's addition to the team comes at a time of considerable growth for the company," stated Jim Newman, Loeb Term Solutions Managing Partner. "In the past 18 months, Loeb Term Solutions experienced significant growth in our lending portfolio and we are expanding our team as well."

Since 2010, Loeb Term Solutions has provided funding on over $108 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. 

Eric will be based out of Loeb's Detroit, Michigan office and will be working with customers throughout Michigan, Ohio, and Indiana providing equipment based financial solutions.

Eric brings more than 5 years' experience with asset-based lending and factoring in the industrial marketplace. He holds a B.A. in finance from Ferris State University. 

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 Eric directly regarding financing or new business opportunities, he can be reached via email at ericg@loebtermsolutions.com or (773) 620-1858.

Friday, March 6, 2015

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.

Thursday, February 5, 2015

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.