Loeb Financial Services

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

2011-05-03T14:04:00.000-07:00

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.

2011 Bike Ride to IFA - Cancelled Due to Weather

2011-04-11T09:48:00.000-07:00

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.

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

2011-02-04T13:44:00.000-08:00

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!

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

2011-01-12T16:06:00.000-08:00

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

2011-01-12T14:10:00.000-08:00

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.

Thank You for Helping Us Save 130 Acres of Rainforest!

2011-01-06T14:51:00.000-08:00

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

Loeb Financial Services LLC Provides Over $10 Million in Financing this Quarter

2010-09-01T13:25:00.000-07:00

Our funding assists banks and helps their clients stay in business

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 are out of 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.

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

Equipment Valued in Excess of $600,000 to a Wholesale Bakery Servicing Retail Clients such as McDonalds & Starbucks	Equipment Valued in Excess of $4.75 Million to a Precision Machining Op. Servicing OEMs & Top NASCAR Teams
Equipment Valued in Excess of $2 Million to a Premiere Provider of Towing Hitch Solutions	Equipment Valued in Excess of $300,000 to a Manufacturer of Potato Starch
Equipment Valued in Excess $450,000 to a Rock Crushing & Recycling Company	Equipment Valued in Excess of $1.5 Million to a Manufacturer of Swat Team vehicles

Congratulations to our winners at IFA!

2010-04-23T14:46:00.000-07:00

Congratulations to Max Toledo of Bridgeport Capital Services who was the winner of our booth drawing for an Apple Gift Certificate redeemable for a new iPhone 3GS or iPad! Congratulations also to Mark Baker of National Bankers Trust Corp. for placing the winning bid on our silent auction donation of a Golf Outing with Jim Newman, Loeb's Ambassador.

Ride with us in 2011

2010-04-21T14:58:00.000-07:00

2010’s motorcycle tour before the IFA convention was a great success!

So much so, that we are partnering with Bridgeport Capital Services and finalizing plans for next year’s ride to support the Make-a-Wish Foundation. If you are interested in joining us next year, visit our LinkedIn Event Page for details and to RSVP.

*This event is not associated with the IFA and is an independently organized event.

View Pictures from the Trip

2010-04-19T12:44:00.000-07:00

They'll be coming 'round the mountain when they come!

2010-04-19T10:53:00.001-07:00

A friendly wave as the guys head around the bend

2010-04-19T10:53:00.000-07:00

Leaving the Grand Canyon

2010-04-19T10:51:00.000-07:00

The Adventure Begins

2010-04-12T13:49:00.000-07:00

The whole gang gets ready to take off!

Howard checks out his bike

The whole group discusses getting the show on the road

Jason Rosenstein of Bridgeport Capital strikes a pose

Vote for your favorite Loeb biker!

2010-04-09T14:48:00.000-07:00

You weigh in...who do you think is "road ready"?

Sending our guys to the show in style!

2010-04-07T10:23:00.000-07:00

Just prior to the IFA convention next week in Scottsdale, John Hagist, Howard Newman and Jason Rosenstein from Bridgeport Capital will be taking part in an adventure of a lifetime. The three will be traveling around the Southeast by motorcycle visiting:

Sedona
Flagstaff
Peach Springs
The Grand Canyon (the Sky Walk)
Kingman
Lake Havasu

Check back often to see the pictures of the day and commentary from our three bikers.