Patience is a Virtue When it Comes to Long-Distance Transport
An American grain and cereal facility recently sold one of its oat-drying ovens. The buyer was over 8,000 miles away....
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Loeb Continues to Strengthen and Grow Its Machinery and Equipment Lifecycle Business With 3 New Hires
As an industry leader in the lifecycle management of industrial manufacturing equipment and machinery, we continue to...
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LATEST STORIES
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...
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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 of financing equipment through equipment term loans versus a purchase leaseback. Understanding the differences in costs and legal structure between these two...
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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...
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Loeb Term Solutions Invests in SQN Latina to Provide Equipment Financing in Mexico
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...
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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...
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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...
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Why the Accuracy of the Asset List is Paramount to the Overall Valuation
Loeb takes a proactive approach to ensuring the assets reported in our valuations are correct and that the list is complete. An integral step in this approach is our Asset Verification Process. Upon completion of the field inspection, Loeb issues an asset verification list back to the facility with...
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LTS Funds Over $2.5 Million Dollars’ Worth of Equipment
Loeb is pleased to announce the addition of Joseph Upson to the team as the Southeast Region Business Development Officer. Joe brings over 26 years of experience in the corporate leasing and financing industry to Loeb. He was a co-founder and Principal in CompanionWay Capital, a senior secured...
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Loeb Welcomes Joseph Upson to the Team as Southeast Region Business Development Officer
Loeb is pleased to announce the addition of Joseph Upson to the team as the Southeast Region Business Development Officer. He joins the rest of the Loeb team in focusing on expanding the company’s equipment-based lending portfolio, appraisal services, off-lease remarketing services, and auction...
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Assets of Balmoral Racing Club, Inc. and Maywood Park Sold Through Bankruptcy Sale
Loeb Auctioneers and Yellen Partners announce the completion of the Maywood Park personal property auction, and the Court approval for the sale in its entirety of the Balmoral Racing Club real estate and personal property assets after a decision by the Bankruptcy Court, Northern District of IL.
Two...
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LTS Funds Over $8.6 Million Dollars’ Worth of Equipment
Yet Another Satisfied Customer…
“Rob and I want to thank you and you team for the great job you did to get the closing funded. Without your steady and rational approach I doubt the financing would ever have closed.
I particularly want to single out Loeb team member Angie for the...
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Loeb Makes Their Small Screen Debut on Chicago Fire
For the episode “On the Warpath”, a fire breaks out in a local brew pub and the set crew for the show came to Loeb for tanks and other equipment.
“I work as a Buyer for a television show in Chicago. We often have very demanding (short) schedules and have to pull many rabbits out...
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Upcoming Auctions
- UNUSED 12 Barrel Brewhouse, (6) Fermenters, 60 Sq Meter Filter Press, and all support equipment – Lots Closing June 6th at 11am ET
- Loeb Consignment Sale – Online Auction – Lots Closing June 20 at 10 am CST
- Ferrara – HUGE Selection of Surplus Candy, Snack Processing & Packaging Equipment – Lots Closing July 11 at 10am CT
- Coffee Roastery Auction – Whole Plant Liquidation
- Complete Flexicon Multiple Powder Batching and Blending System