Tuesday, May 3, 2011

Loeb Financial Services - The Key to Unlocking Equity from Machinery & Equipment Assets

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
  • Turnaround
  • 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.

If you are currently working with clients who may have upcoming financing needs, contact Jonathan Bloom today at (773) 496-5737 or jonb@loebfinancial.com.

Monday, April 11, 2011

2011 Bike Ride to IFA - Cancelled Due to Weather

Due to weather related issues, this year's IFA Bike Ride has been canceled.

If you are interested in joining us on future tours, visit our LinkedIn Event Page for more information.

Friday, February 4, 2011

Ride with us through the mountains to the ocean and arrive at IFA '11 in style!

Join Loeb Financial Services and Bridgeport Capital Services, April 11th-13th, as we ride to IFA 2011 in support of the Make-a-Wish Foundation. This year's ride will loop from Washington DC, through the Potomac Highlands of West Virginia and the foothills of Virginia. At Virginia Beach we'll cross the Chesapeake Bay into eastern Maryland and follow the shore back to DC in time for the start of the IFA convention.

If you are interested in joining us, please join the event on our LinkedIn page at: http://events.linkedin.com/IFA-International-Factoring-Association/pub/301246

Already joining us on the ride?  Download the Bike Rental Reservation Form

Won't be at the show in DC? Bookmark this blog and check back in April to view pictures and videos from the road!

Wednesday, January 12, 2011

Loeb Financial Services Welcomes Jonathan Bloom as Vice President of Business Development

We are pleased to announce an addition to the Loeb family...

Jonathan Bloom joins us as our new Vice President of Business Development, for purchase leasebacks, auctions, appraisals and off-lease machinery. He brings with him over 15 years of experience working with financial institutions. We're excited to have someone with Jonathan's expertise join our team as we continue to look toward the future.  Welcome aboard, Jonathan!

Contact Jonathan at (773) 680-3967 or jonb@loebfinancial.com

Loeb Financial Services helps standard financial institutions clean up their loan portfolios by either purchasing non-performing loans directly or by providing a new means of machinery and equipment financing for clients who no longer meet your covenants. If you have clients in financial distress where you may be contemplating foreclosure, talk to Loeb Financial Services. We would be glad to assist with a funding solution.

Loeb Financial Services Leases $6,000,000 in Equipment This Month

Recent transactions where Loeb Financial Services has provided purchase leasebacks, include:

Equipment Valued in Excess of
$4.75 Million
to a Manufacturer of Drive-Train, Steering Comp., & Assemblies

Equipment Valued in Excess of
$1.2 Million
to a Manufacturer of Automobile Racing Products
About Loeb Financial Services LLC
An affiliate of Loeb, Loeb Financial Services provides financing through asset based leasing, purchase leaseback and purchase rent back opportunities. Our asset based leasing programs are ideal for:
  • Lenders Selling off their Non-Performing Loans
  • New Business Development or Start-up Expenses
  • Product Expansion
  • Restructuring of Debt
  • Need to Strengthen Credit Position
  • Turnaround
  • Chapter 11/Workout
For more information call (773) 548-4131, email info@loebfinancial.com or visit our website at www.loebefinancial.com.

Loeb Financial Services LLC welcomes broker participation
and offers referral fees when applicable.

Thursday, January 6, 2011

Thank You for Helping Us Save 130 Acres of Rainforest!

A special thank you to all our customers and partners who helped us achieve our goal of 130 acres of reforestation & avoided deforestation!!

With 2010 having come to a close, we’re happy to announce 100% success in reaching our carbon offset goal of 130 acres of Rainforest conservation through the World Land Trust!

As you know, we couldn't have done it without your support. Your equipment purchase, appraisal, financing opportunities, or auction participation helped us reach our goal.

Thank you for helping us commemorate Loeb's 130th Anniversary by supporting us with this important cause. We look forward to being your Trusted Resource for Equipment Solutions in 2011 and for years to come.

To learn more about World Land Trust-US or to make your own contribution, please visit: www.worldlandtrust-us.org