Flagstar Financial & Leasing team is focused on partnering with peer bank and bank owned Equipment Leasing companies and other large investment institutions to acquire (“Buy”) and syndicate (“Sell” ) lease and loan assets.
Transactions acquired through the Buy team cover a wide spectrum of industries, are national in scope, and are complimentary to Flagstar Financial & Leasing’s direct originations. Asset acquisition is facilitated through a full purchase, discounting, participation or referral arrangements. Transactions are purchased on both a notification and non-notification basis.
The Sell desk syndicates transactions originated by Flagstar Financial & Leasing’s direct business channels and is utilized for retention of valued Flagstar Financial & Leasing clients. The Sell desk is engaged in both the selling or participation of transactions on a non-notification non-recourse basis to qualified institutional buyers. Buyers may, but are not required to have a “reciprocal” relationship with the Capital Markets Buy team. All servicing of syndicated transactions is retained by Flagstar Financial & Leasing.
Standard terms and offerings for both the acquisition and syndication of transactions are as follows:
Terms & Offerings
- Preferred Term Loans and Leases from 3-7 years
- Tax Lease options include Fair Market Value Leases, TRAC’s and Split Trac’s, Fixed Purchase Option Leases, First Amendment Leases and Capital Leases
- Single Schedule and Portfolios
- Competitive structure and pricing