“Broker/Lessor” List (for “Funder,” please click here
for funders specializing in “Story Credits, “ please click here
for “Super Broker/Lessors,” who primarily place leases, click here )
There are an estimated 5000 companies who process applications to present to a third party, who often make the final approval and “fund” the transaction with a standard “representation and warranty” provision. These companies are similar to an insurance agency or mortgage firm. Size may very from a single person to a national multi-office operation.
Some in this category may select transactions for a private portfolio from their own cash or bank lines, which they fund direct. 50% or more of their business is as a “Broker/Lessor.” Often their clients are primarily in a specific industry, service or geographic area. Many also market directly to potential lessees, rather than be referred by a seller of equipment.
There is no advertising fee or charge for a listing. They are “free.” Leasing News makes no endorsement of any of the companies listed, except they have a satisfactory Better Business Bureau report, and no unresolved complaint at Leasing News from an applicant or company involved in the equipment leasing industry. Leasing News reserves the right not to list any company who requests to be listed.
Companies, who act as a funder in over 50% of their business, servicing their own portfolio, are listed in the “Funder” list. “Story Credit” are funders who have a niche market, often requiring the “story” of the company to make a credit decision. Often their rates are higher as the credits are consider a “higher risk” than standard for the dollar amount involved. A “Super Broker/Lessor” rarely considers business direct, but work on referrals from a “Broker/Lessor,” funders, and, financial groups, manufacturers, and others who cannot fit the transaction into their criteria. ( To apply to be listed, please fill in this form and fax to 408.374.3843)
“Broker/Lessor” Form
Third Column: YES - Year Company Started | YELB - Years in equipment Leasing Business
A - City Business License | B- State License | C - Certified Leasing Professional |
D - State(s) sales/use tax license |
E - Named as "lessor" on 50% or more of lease contract signed. |
Rank |
Name
City,
State
Contact
Website
Leasing Association
|
YES
YELB
(see above for meaning) |
# of Empl. |
Geographic Area
|
Minimum
Dollar
Amount
|
Service Organization |
|
|
|
D |
|
1 |
|
1998
35 |
9 |
Southwest |
10K |
Greater Alburquerque Chamber of Commerce |
Y |
Y |
N |
Y |
Y |
2 |
|
1990
20 |
4 |
National |
$1500 - $1,000,000 |
BBB |
Y |
Y |
N |
Y |
N |
3 |
|
1990
20 |
2 |
Nationwide |
$2,000 |
NAELB, BBB,
CLP Fundation, Beaverton Chamber of
Commerce, & Who's Who in Bus. Leaders |
Y |
Y |
Y |
N |
N |
4 |
|
2005
26 |
One |
Michigan & United Kingdom |
$5,000 to $10M
|
N/A |
N |
N |
N |
N |
N |
5 |
|
2002
15 |
One (A) |
Nationwide |
$10,000; preferred range $100,000 to $10,000,000 |
ProVisors |
Y |
N |
N |
N |
N |
(A) Stoddard & Associates - No Employees. We currently have Independent Affiliate Brokers with offices in the states of Alabama, Florida, Georgia, Iowa, Massachusetts, Missouri, Nevada, New York, Texas and Washington. |