Folks - I am looking to have a few Equipment financing vendors submit proposals in the next few months. I want to create a competitive big with 3 to 5 players. Who can you recommend? - thanks - dan morgan
Equipment financing recommendations
Answers
Triplepoint: Dean Riskas (650) 233-2103 and [email protected]. Triplepoint is extremely aggressive on pricing and Dean is a great guy. I did a couple of venture debt and asset-backed deals with them and was very happy. They may be heavy on blanket lien and want warrant coverage.
Comerica: Alan Jepsen (408) 451-8571 [email protected]. Have gotten bids from them. Good to work with but more interested in getting your commercial banking biz at the same time. He will refer you out if they are not your cup of tea.
Silicon Valley Bank: Mark Lau (925) 737-6030 [email protected] Like Triplepoint above, I have done a number of deals with SVB, straight banking, venture debt and asset-based debt. Mark is a good guy and they are a very strong, focused bank.
Winthrop Capital: John Zimmerman - know him by reputation. They focus on larger, later stage companies and asset-secured deals w/o warrants.
Others you may want to include if you are putting out an RFQ are: Hercules, Bridge Bank, NFS (leasing) and Western
Steven Rea
Atel Ventures, Inc.
600 California Street
San Francisco, CA 94108
415-616-3436
[email protected]
The following may be more appropriate for earlier stage companies but does equipment only deals for mission critical equipment in companies.
Richard Bollinger
10661 Caminito Memosac
San Diego, CA 92131
312-893-7413
[email protected]
Hope that helps.