Story Credit Lessors
"C" & "D" Lessees, Business Loans, Working Capital

With the topsy-turvy of funders, as well as the changing of credit and industry requirements, story credit lessors and lenders are now more in need than ever.  Here are funders who also may take "A" and "B" rated applicants and more may be more interested not in "application only." Some may become more comfortable learning more, beyond reviewing financial statements and tax returns, additional collateral, learning more about the story behind the business as qualifiers.

To qualify for this list, the company must be a funder (as qualified by Leasing News and on the “Funder List” and not a "Broker/Lessor; notifies lessees in advance when the lease will end and what the residual will be, does not automatically extend the lease or insist that their discounter follow the same policy. We reserve the right to not list a company who does not meet these qualifications.

Funder List “A”
http://www.leasingnews.org/Funders_Only/Funders.htm
We encourage companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers is also very much encouraged."

Alphabetical list - click on company name to view more details


Balboa Capital Corp. Bankers Capital
Black Rock Capital Investment, LLC
BSB Leasing, Inc
Calfund, LLC

Dakota Financial
Financial Pacific Leasing


Forum Financial Services, Inc.
Gonor Funding
Maxim Commercial Capital, LLC
North Mill Equipment Finance

Pawnee Leasing Corporation
P&L Capital Corporation
Providence Equipment Finance
Quality Leasing Co. Inc.
SLIM Capital, LLC
TEAM Funding Solutions

 

Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports
Balboa Capital Corp.
1988
Contact: Robert J. Rasmussen, COO tel.949-399-6344 fax.949-224-2744 robertjr@balboacapital.com
www.balboacapital.com
ELFA
200
UDS
$1,000 - $5,000,000
 
Financial Pacific Leasing
A subsidiary of Umpqua Bank
1975
Terey Jennings, CLFP
800.447.7107
tjennings@finpac.com
www.finpac.com
ELFA, AACFB (BBB)
140
 
USA
$5,000 - $100,000
Pawnee Leasing Corporation
1982
Gary H. Souverein President
(800) 864-4266 ext. 222
Gary@pawneeleasing.com
www.pawneeleasing.com
ELFA, AACFB
100
48 contiguous states

$1,000 - $200,000

Does Subprime Leases

North Mill Equipment Finance
   1959
David C. Lee
DLee@northmillef.com
203-354-6001
www.nmef.com
 AACLB, ELFA

60
All 50 states

Minimum Dollar Amount
  $10,000 - $150K App Only
  $150K  -  $250K App Plus

 

Maxim Commercial Capital, LLC
2009
Dana Freeman, Director
Broker Relations
213-425-3163
Dana@maximcc.com
 https://maximcc.com
AACFB, CLFP, ELFA, NEFA

30

Nationwide

$5,000 -
$3 million

 
P&L Capital Corporation
1996
Phil Lieber
800.698.1686
phil@plcapital.com
www.plcapital.com
AACFB
(Click for further description)
28
Nationwide

$10,000
(most clients are doing monthly or quarterly schedules)

 

Quality Leasing Co. Inc.
  1957
Paul Fogle, CLFP
Managing Director
317.253.4415
pfogle@qualityleasingco.com
Main: 317-253-4415 ex. 7680
www.QualityLeasingCo.com
  AACFB, ELFA, NEFA
(click her for further description)

30
National
Do not fund in HI or RI
$30,000 up to $3 million
 
BSB Leasing, Inc.
1992 Colorado, Hawaii
Don Meyerson, Pres.
DMyerson@bsbleasing.com
Steve Crane, CLFP
VP, Commercial Division
scrane@bsbleasing.com 
www.bsbleasing.com
NAELB
(click here for further description
)
16
National
$10,000 Minimum Application Only to $250,000 Financial Statement Transaction Up to $1MM Business Loans Up to $500K
TEAM Funding Solutions
1992
Ted Reynolds – Owner and President
Jeff Deskins – Credit Manager
App Submittal:
Lynn Smith – Senior Broker Development Manager 888-457-6700 x115,
Martin Lacayo – Broker Development Manager 888-457-6700 x106,
Bill Baskerville – Broker Development Manager 888-457-6700 x114,
Funding: Stephen Stuesser – CFO
Jamie Moore – Marketing Manager
Phone: 888-457-6700 x109,
Enrollment Fax: 512-258-2322
www.teamfundingsolutions.com
AACFB
(Z)
13
48 states
$20,000 - $200,000

Global Financial &
Leasing Services, LLC

  2008
Jerald Collens
Broker Relationship Mgr.
480-478-7402
Jerald@gfrservices.com
www.gfrservices.com
  AACFB, ELFA

12
All 50 states

$25,000 to $1 Million

 
Calfund, LLC
2000
Harry Saghian
harry@calfundllc.com
www.calfundllc.com
10
United States

$10K Minimum Loans Only, No Leases

Providence Equipment Finance
A Division of Providence Bank & Trust
Villa Park, Illinois
Dale R. Kluga, President
Dale@providenceleasing.com
Ryan Rau
Business Development
Rrau@providenceleasing.com
Office: 630-985-3500
Providence Equipment Finance
  AACFB, NEFA

10

Nationwide

$150,000 -
$5 Million
$350,000 Average Transaction

 
Dakota Financial
Charla Laird
Sales & Marketing Manager
310-432-2935 Direct
858-212-4994 Cell
310.696.3035 fax
charla@dakotafin.com
310.696.3030 x122
www.dakotafinancial.com
AACFB

9
Nationwide
$10,000 to $1MM
Forum Financial Services, Inc.
1996
Tim O'Connor
972-690-9444 ext. 225
tim@forumleasing..com
275 West Campbell Road
Suite 320
Richardson, Texas 75080
Fax: 972-690-9464
www.forumleasing.com
AACFB (W)
7
Nationwide

$50,000 to $1.0 million. Our average size transaction is $250,000.
Preferred Range
$100,000 to $500,000

Does Subprime Leases

   

Bankers Capital
1990
Larry LaChance - President
508-351-6000
llachance@bankers-capital.com
www.bankers-capital.com
AACFB (GG) 
6
Nationwide - 50 States

$25,000 +

SLIM Capital, LLC
2016
Shervin Rashti, CLFP, CEO
(310) 499-2506
Main:  (310) 499-2562 x108
www.slimcapital.com
AACFP. AACFB, CLFP
(Footnote)

5
Nationwide
$25,000 to $2 million(Avg $200,000)
 
Gonor Funding
2001
Norman J. Gonor
ngonor@gonorfunding.com
818.784.5444
Jason Gonor
818.402.6999
www.gonorfunding.com (Y)
3
USA

$10,000 to $100,000 with an average of $25,000 - $35,000

Does Subprime Leases

   
Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports

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(P) Financial Pacific Leasing supports a nationwide network of Brokers and Lessors. We specialize in "B" and "C" credits for established companies as well as companies under two years in business. Broker Qualify - Please Call or see "Prospective Broker" section on website

(S) We at Summit Leasing consider ourselves to be primarily "B" credit lenders, working almost exclusively through brokers. Broker Qualify - Contact us

(W) Forum Financial Services, Inc., prefer venture capital backed start-ups and middle market to large corporate turnaround companies including companies in bankruptcy and post bankruptcy. Our absolute minimum sales for an established business with financial problems are $10.0 million. (this does not include venture capital backed start-ups). Broker Qualify - Please visit our website at www.forumleasing.com or call 972-690-9444 ext. 225

(Y) Gonor Funding specializes in hard to fund leases with D credit. Collateral based with good rates and commission program. Broker Qualify - Please Call

(Z) TEAM Funding Solutions is a C-credit funder that provides a unique alternative to credit scoring. We fund new business start-ups and older businesses with weaker credits when we roll up our sleeves to understand “their story.” Equipment leases are approved and funded based on common sense, the Lessee’s ability to pay and the Broker’s input.

(CC) Provides financing, leasing, and lending services to businesses and municipalities with “A” through “D” credit profiles throughout the United States, Canada, Mexico, and South America.  Since inception, FMEF has provided nearly $1 billion in financing to over ten thousand customers. Also seeks third party originations.

Financing programs, leases, and loans for equipment costing from $10,000 to $10,000,000+.  “Application only” programs (No financials or tax returns required) for equipment up to $350,000 and we generally make a credit decision on these transactions within 24 hours. www.netlease.com

(DD) Maxim Commercial Credit provides creative and flexible asset-based financing for today's challenging credit market.

(EE) BSB Leasing, Inc. is a direct funding source. In addition we offer an experienced Syndication Desk that can place transactions that fall outside of credit, equipment, geographic or dollar amount appetite.

(FF) NFS Leasing is a Technology Leasing Specialist which provides funding for B, C, and D and story credits. We make our own credit decisions, service the full lifecycle of transactions on our own balance sheet. We are fast, flexible, and easy to work with. IT & Computer Equipment, Medical, Scientific Equipment, & Office Equipment. We service Canada and the UK as well.

(GG) Bankers Capital "We will do ANY Type of Equipment, in ANY industry, in ANY state.  We especially like 6-figure transactions with full financial packages no matter how good or bad they look.  We look to structure the story C&D credits with any kind of additional collateral that makes sense.  It could be with 2nd or 3rd mortgages on residential or commercial Real Estate, additional equipment, cash value life insurance, security deposits, vendor agreements.  We look for any way to make the deal work instead of looking for any way to decline the deal." Broker Qualify - Please contact Larry LaChance

Quality
Quality funds titled and non-titled commercial equipment for A- to C+ customer profiles.  *Our sales team has over 100 years of combined experience in leasing and finance.  Some sales reps have long-standing vendor relationships, but we do not pursue vendor relationships that come to us from brokers."