August 18, 2021 News & Articles

Equipment Based Lending is Surging in Second Half of 2021

During economic downturns, businesses with inventory have used asset-based lending to stimulate their recovery. More...
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April 28, 2021 News & Articles

Understand Your Asset Values with a Certified Market Appraisal from Loeb Appraisal

Loeb Appraisal specializes in appraising machinery and equipment within the food, pharmaceutical, cosmetics, and...
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LATEST STORIES

June 16, 2016 News & Articles

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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June 9, 2016 News & Articles

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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June 2, 2016 News & Articles

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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May 12, 2016 News & Articles

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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April 20, 2016 News & Articles

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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April 15, 2016 News & Articles

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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April 6, 2016 News & Articles

Asset from Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. to be Sold at Auction

Loeb Auctioneers and Yellen Partners announced this week that they will be conducting a two day auction to liquidate the assets from Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. The auction will take place online April 27 and 28. “We are honored to be retained to...
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April 4, 2016 News & Articles

Wild Pea Hummous Facility Closure Online Only Auction – Lots begin closing online 5/3

Featured Equipment: Modern Packaging Model SL1X2S S/S Inline 2 Lane Cup Filler Modern Packaging Model SR8DC Rotary Cup Filler Auto Labe Model 110S Auto Front, Back, and Top Pressure Sensitive Labeler Robot Coupe Model Blixer45 S/S Vertical Cutter, Mixer, Food Processor Videojet Model 1220 Single...
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March 16, 2016 News & Articles

Valuation Expertise: Going Beyond Just the Written Report

A typical appraisal is a snapshot of a specific group of assets with an opinion of value rendered as of a specific date. However, the standard appraisal report does not capture all of the additional valuation work that is performed by the appraisal firm. Behind the scenes, there are often a number...
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March 11, 2016 News & Articles

Boboli Bakery Facility Online Only Auction – Lots begin closing online 4/21

Featured Equipment: Spiral Mixers Chillers Choppers Depositors Dumpers Freezers Ovens Proofers Rounders Sheeters Stuffers Wrappers Inspections: Anytime by appointment, contact Howard Newman at (773) 451-3662 to schedule an...
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February 24, 2016 News & Articles

Trans-Industries of Indiana, Inc. Online Only Auction – Lots begin closing online 3/23

Featured Equipment: 2007 Sterling Tandem Axle Truck Tractor Heller Sutherland 220-Ton Cap. Model MARK2-220 Gap Frame Press Minster 160-Ton Cap. Model 50-6 ½-84 Straight Side, Double Crank Press Verson 100-Ton Cap. Model B2-100-84-42 Straight Side, Double Crank Press Bliss 100-Ton Cap. Model...
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February 18, 2016 News & Articles

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...
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