Indirect Originations & Vendor Funding

The Monitor has ranked Signature Financial #3 of all US banks and corporations in indirect lease and loan origination with over $1 billion of assets acquired in 2021 through its various 3rd party business channels. Whether you are an independent leasing company, a bank or bank-owned subsidiary, a financial institution, a vendor or manufacturer of equipment or a corporate intermediary, Signature Financial will find the best fit among its multiple indirect business channels to provide the expertise and service you require. 

Nationwide 3rd Party Equipment Finance

Signature Financial's Nationwide 3rd Party Finance team partners with independent leasing companies, captive finance companies, and other established corporate intermediaries to create long term non-recourse relationships. We specialize in lending to middle-market companies nationwide in a variety of industries, including construction, transportation, and manufacturing. Each intermediary relationship is governed under a unique Program Agreement tailored to the client.

Signature Financial focuses on building mutually beneficial, long-term partnerships with our clients. We offer a variety of products as well as flexible finance solutions to meet all our client’s needs.

 

Terms & Offerings

  • Term Loans and Leases from 3-7 years

  • Tax Lease options (Fair Market Value [FMV], Terminal Rental Adjustment Clause [TRAC], Fixed Purchase Option [FPO]) as well as First Amendment and Capital Leases

  • Financing for both new and used assets

  • Opportunities for Portfolio Acquisitions

  • Competitive structures & pricing
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Contact Us

Robert Hauser

VP – Director National Third Party Intermediary
(631) 861-2728
RHauser@signatureny.com

Vendor Industrial Finance

Signature Financial offers specialty vendor program
management nationwide to satisfy a broad range of asset financing for the vendor equipment market. Our experienced professionals provide the extensive vendor industry, asset, and niche sector knowledge necessary to support your business initiatives. Specialized financing is tailored for the Construction, Material Handling, Manufacturing, Healthcare, and Information Technology Industries.

 

Terms & Offerings

  • Term loans and leases for 3–7 years with fixed and floating rates

  • Lines of credit for your annual equipment needs or individual transactions

  • 100% financing on new and used equipment

  • Tax lease options (TRAC, FMV, EBO, FPO) as well as capital leases

  • Vendor/dealer rental fleet financing
  • Efficient service from experienced teams

  • Signature Financial’s industry-trained underwriting, documentation, and closing professionals process your transaction seamlessly and fund it rapidly. 

  • DocuSign electronic documents are utilized for many transactions

  • Simple credit applications are accepted for transactions involving amounts up to $500,000.

 

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Contact Us

Mike Mehosky

VP - Director Vendor Industrial Finance
(610) 509-0765
MMehosky@signatureny.com

Capital Markets

Signature Financial Capital Markets (“SF”) 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 SF’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 SF’s direct business channels and is utilized for  retention of valued SF 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 SF.   

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
  • New and used assets
  • Single Schedule and Portfolios
  • Competitive structure and pricing
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Contact Us

Michael Ash

SVP - Managing Director Capital Markets & Regional Originations
(631) 861--2688
MAsh@signatureny.com

Specialty Vehicle Lessor Funding

Signature Financial’s Vehicle Finance division provides uncommitted guidance lines of credit to independent lessors nationwide to ensure their continued growth and success.

We offer financing for a wide variety of titled vehicles:

  • General commercial and special-purpose vehicles including
    • Light-, medium-, and heavy-duty trucks
    • Vocational trucks
    • Tow trucks
    • Ambulances and non-emergency medical transportation
    • Standard passenger automobiles
    • Highline, exotic, and collectible automobiles

We offer flexible lease and payment terms to meet your lessee client needs:

  • Monthly payments in advance or arrears
  • Annual payments
  • Skip and step payments

 

Quick credit decisions, timely funding, and seamless servicing:

  • Vehicle Finance clients remain the lessee’s primary point of contact throughout the lease term.
  • Qualified lessors may perform their own lease billing and collections.
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Contact Us

Steven Jason

VP – Group Director Vehicle Finance
(631) 861-2709
SJason@signatureNY.com

Commercial Marine Finance

Signature Financial’s Marine Finance team specializes in the financing of qualified Jones Act commercial vessels, including the following:

  • Tugs
    • Ship docking
    • Line haul
    • Anchor handling
  • Barges
    • Dry bulk cargo
    • Liquid cargo
    • Pressure
  • Dredging equipment
  • Dry docks
  • Dinner and excursion vessels
    • Tourist
    • Whale watching
  • Ferries and other passenger transportation
  • Near-coastal/inland freighters and tankers
  • Offshore and platform supply vessels
  • Bareboat charters

Our Marine Finance Team has premier expertise in providing several flexible funding options:

  • New vessel financing, including financing during construction
  • Used vessel purchase financing
  • Engine repower financing, including engines/gensets, materials and shipyard labor
  • Refinancing of individual vessels and fleets
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Contact Us

Keith Connors

VP – Capital Markets
(631) 770-3698
KConnors@signatureNY.com