Equipment deal - Oil equipment 350k-750k appraised values for different equipment
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  1. #1
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    Equipment deal - Oil equipment 350k-750k appraised values for different equipment

    Owned free/clear.

    Not looking to co-broker. I know of 2 sources - but would like to know the most cost effective ones (not looking to make a ton of $).

    720+ credit, few inquiries, A paper client, business annual rev is above 3M/year

    Thanks

  2. #2
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    Leaseback? UCA

  3. #3
    Member Reputation points: 817 Jplummer's Avatar
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    We can possibly help
    Jim Plummer
    Quality Leasing Co., Inc.
    A Tom Wood Automotive Company
    Office: 317-253-4415
    Direct: 317-845-8768
    Fax: 317-688-6420
    Cell: 317-512-9618
    www.qualityleasingco.com

  4. #4
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Reach out to Stacey with Crestmark:
    Stacy Odendahl
    Vice President, Business Development
    Atlanta, Georgia
    609.287.8229
    sodendahl@crestmark.com
    www.crestmark.com

    MACHINERY / EQUIPMENT FINANCING
    • Traditional term loans secured by equipment
    • SBA (7a) loans
    • Up to 10 year amortization
    • Not to exceed 100% FLV (forced liquidation value)
    • No money-down equipment financing
    • Individual pieces of equipment to entire plants
    • Full (100%) reliance on collateral
    • Based primarily on appraised value of equipment
    • Experienced Industry Experts
    • Financing solutions tailored to fit a company’s unique needs
    Most types of machinery/equipment including:
    • Manufacturing
    • Distribution
    • Food processing
    • Advanced IT / computer
    • Medical
    • Yellow iron, and many more
    EQUIPMENT LEASING
    • 100% financing for equipment, training, maintenance, installation,
    software and qualified soft costs
    • Ability to bundle multiple equipment types from different manufacturers
    into one fixed lease payment
    • Leasing programs: Fair Market Value (FMV), $1 Buyout, leaselines
    • 24/7 secure asset management portal
    • Funding range: $5,000 to $20 million (larger amounts possible)
    • Most types of equipment including:
    • IT/Technology/Servers/Hardware • Security/Life Safety Systems
    • Healthcare/Medical Equipment • Construction Equipment
    • Telecommunications Systems • Office Furniture
    • Most commercial equipment types
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  5. #5
    Senior Member Reputation points: 11170
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    Quote Originally Posted by ryan $ View Post
    Leaseback? UCA
    Who is UCA Ryan? Still trying to get this deal done.

    700+ credit - few inquriies - 2.2M annual rev - 350k-750k of equipment (needs $ on the equipment).

  6. #6
    Senior Member Reputation points: 11170
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    Quote Originally Posted by @jeannette View Post
    Reach out to Stacey with Crestmark:
    Stacy Odendahl
    Vice President, Business Development
    Atlanta, Georgia
    609.287.8229
    sodendahl@crestmark.com
    www.crestmark.com

    MACHINERY / EQUIPMENT FINANCING
    • Traditional term loans secured by equipment
    • SBA (7a) loans
    • Up to 10 year amortization
    • Not to exceed 100% FLV (forced liquidation value)
    • No money-down equipment financing
    • Individual pieces of equipment to entire plants
    • Full (100%) reliance on collateral
    • Based primarily on appraised value of equipment
    • Experienced Industry Experts
    • Financing solutions tailored to fit a company’s unique needs
    Most types of machinery/equipment including:
    • Manufacturing
    • Distribution
    • Food processing
    • Advanced IT / computer
    • Medical
    • Yellow iron, and many more
    EQUIPMENT LEASING
    • 100% financing for equipment, training, maintenance, installation,
    software and qualified soft costs
    • Ability to bundle multiple equipment types from different manufacturers
    into one fixed lease payment
    • Leasing programs: Fair Market Value (FMV), $1 Buyout, leaselines
    • 24/7 secure asset management portal
    • Funding range: $5,000 to $20 million (larger amounts possible)
    • Most types of equipment including:
    • IT/Technology/Servers/Hardware • Security/Life Safety Systems
    • Healthcare/Medical Equipment • Construction Equipment
    • Telecommunications Systems • Office Furniture
    • Most commercial equipment types
    So crestmark could possibly do it Jeannette? Leaseback - oil/gas - 2m annual rev, 700+ (oil and gas maintenance, not an actual oil and gas company)

  7. #7
    Senior Member Reputation points: 338265
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    Quote Originally Posted by johndough17 View Post
    So crestmark could possibly do it Jeannette? Leaseback - oil/gas - 2m annual rev, 700+ (oil and gas maintenance, not an actual oil and gas company)
    JohnDough17-Crestmark does equipment financings and Stacey is very good.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  8. #8
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    Sorry for the slow response, Yes, Stacy is awesome and so is Crestmark. They do not specialize in oil and gas equipment though, although they work in better credit situations and have lower rates. If that does not work for you, reach out to me directly I have several other contacts in equipment finance I can put you into contact with.
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

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