NE Equipment Leasing Company For Sale

Business description

A unique opportunity for the astute investor to acquire and grow a unique New England-based equipment leasing firm that has established a solid and profitable niche serving essentially B and C credit-rated companies and delivering net income of over $1 million for six consecutive years. Defaults are very rare as the firm conducts its own due diligence in-house and choses its customers (50%) repeat) instead of chasing marginal candidates. The company currently maintains a $15 million portfolio (direct finance lease and equipment held for underwriting). The firm has a unique ability to structure leases in a fashion where company risk is lessoned while at the same time remaining flexible and responsible to the customer's needs. For full details, first request an NDA by contacting via e-mail.

Other information

Support & training:

Seller will remain with firm under contract for mutually agreeable period of time.

Reasons for selling:

No family succession, seeks buyer for guaranteed continuity, could remain as CEO for "silent partner"

Financing available:

Terms & Structure negotiable after $10 million equity payment.

Contact the seller