Indirect Originations & Vendor Funding

Flagstar Financial & Leasing's Nationwide 3^rd 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.

Flagstar Financial & Leasing 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

Flagstar Financial & Leasing 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
  
  
• Flagstar Financial & Leasing'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.

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
  

• New and used assets

• Single Schedule and Portfolios

• Competitive structure and pricing

Flagstar Financial & Leasing'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.

Flagstar Financial & Leasing’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