Do you have clients that no longer meet your lending criteria with their ABL loans? Loeb Financial Services LLC can help! We provide creative solutions for financial institutions working with companies in need of cash by providing Equipment Purchase Leaseback or Rent Back programs. Additionally, Loeb Financial Services can help restructure debt and provide alternative financing for banks encountering lender fatigue.
Our programs are structured for financing complete facilities and are ideal for:
- New business development or startup expenses
- Product expansion
- Restructuring debt
- Need to strengthen credit position
- Ch. 11/Workout
At Loeb Financial Services, we assist Lenders and end-users in securing cash value from industrial assets. Some recent transactions, include:
Customer: Manufacturer of drive train, steering components and assemblies for heavy trucks, construction and material handling equipment
Financial Situation: The company had a senior lender pushing them out while also having leased equipment through several other financial institutions.
Solution: Loeb Financial worked with an AR lender to help pay off the senior lender and all the other machine leases and offered alternative financing on equipment valued over $4.75 Million.
Customer: Manufacturer of automobile racing parts
Financial Situation: The company was looking to expand and build a new facility.
Solution: Loeb Financial Services provided funding through their Equipment Purchase Leaseback Program (PLP) on the existing M&E and the company was able to use the funds for the completion of a new facility and help move in. The equipment was valued in excess of $1.2 Million.
Customer: Wholesale Bakery Servicing Retail Clients such as McDonalds & Starbucks
Financial Situation: This situation dealt with a startup bakery which will be a developer and supplier of premium bakery, frozen and refrigerated products.
Solution: Loeb Financial Services provided funding through their Equipment Purchase Leaseback Program (PLP) on the existing M&E and the company was able to buy additional equipment. The equipment was valued in excess of $600,000.