We offer equipment lease finance programs to equipment leasing companies nationwide.
With our rapid-turnaround loan approval and funding process, we'll help you make important business decisions quickly and smoothly.
Lessee Credit Profile
- Investment Grade (or similar)
- Fortune 1000
- Other national or regional public or privately-held companies
- Hospitals
- Universities, colleges, schools, non-profits and other institutional type credits
- Municipals (mostly Illinois, others case-by-case)
- Upper middle-market (Chicago area only)
- Most industries and many other types of credits
Loan Size
- $3.0 million maximum Investment Grade or similar
- Most between $100,000 to $1.0 million
- $50,000 minimum
Equipment
- Computer
- Other Technology
- Manufacturing
- Industrial
- Printing and imaging
- Telecommunications
- Medical
- Office
- Many other types
Rates
- Spreads over Fed Swap yields
- Fixed rates with negotiable 30-60 day lock-in
Term
- Minimum 12 months
- Maximum 60 months
- Average 36 months
Approval Turnaround
- Immediate for Investment Grade or similar
- 24 hours most other credits