Portfolio acquisition from banks

Because Equilease is not a bank, we aren’t constrained by bank regulations and can acquire a bank seller’s portfolio without regard to delinquency – or even default – categories. Recent portfolio acquisitions include:
  • Performing $232 million general equipment lease portfolio from a Midwest-based national bank seeking to divest its leasing subsidiary and provide liquidity to the bank. The portfolio consisted of 12,000 leases and loans; Equilease conducted due diligence and closed in under 30 days.
  • $33 million mixed portfolio of performing and non-performing small-ticket transportation and construction equipment leases from a state-chartered bank seeking to reduce its exposure to leasing sector.
  • $67 million small-ticket lease and loan portfolio purchased from a European bank seeking to generate liquidity.
  • $5 million truck lease portfolio from a community bank seeking to exit the leasing business.
  • $10 million distressed portfolio of equipment loans and leases sold as a result of a bank merger.
  • $6.7 million of car carrier leases from a bank that deemed the portfolio non-core.
  • Bank sellers have unique financial and regulatory needs that Equilease can address by customizing the purchase structure.
Equilease Financial Services, Inc.
50 Washington Street 10th Floor
South Norwalk, CT 06854

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