Loeb Term Solutions Ends the First Quarter Assisting 6 More Clients Grow

Loeb Term Solutions Ends the First Quarter Assisting 6 More Clients Grow: Loeb Term Solutions is pleased to finance another $9 Million Dollars' worth of equipment while helping six industrial clients in the food processing, woodworking, construction, metalworking and recycling industries leverage working capital from their equipment...

Kanye West Visits Loeb & Learns About Our Machinery

Kanye West visited Loeb's offices in Chicago this week and learned about our machinery from George Konwent, our Shop Manager.

Click on the video below to watch the video straight from Kanye's Twitter feed.

The Role of Appraiser as Trusted Adviser

The Role of Appraiser as Trusted Adviser: How often are appraisals ordered simply because they are needed for the file? Of course, the client is going to qualify for financing regardless of the results of the appraisal...

Loeb Term Solutions Success Story: Graduation of a Midwest Gear Manufacturer to Traditional Lending

Loeb Term Solutions Announces the Graduation to a Traditional Commercial Bank Loan of a Midwest Gear Manufacturer: Chicago-based lender, Loeb Term Solutions is pleased to announce the graduation of a Midwest Gear Manufacturer after having provided an equipment term loan back in early 2017 to help with the acquisition of the company. The company, a manufacturer of gears used in multiple industries including oil and gas and aerospace, sought equipment financing to leverage working capital....

LTS Assists 6 More Clients Grow Their Businesses with Equipment Financing

Loeb Term Solutions is pleased to finance another $8.3 Million Dollars' worth of equipment while helping three industrial clients in the freight, textile, metalworking, personal care, and brewing industries leverage working capital from their equipment...

Loeb, Heritage Global Partners & Blackbird Asset Services Successfully Sell Green Flash’s Virginia Beach Brewing Equipment to New Realm Brewing Company

Loeb in partnership with Heritage Global Partners and Blackbird Asset Services recently announced the sale of Green Flash’s Virginia Beach brewing equipment to New Realm Brewing Company, a southeast based craft brewery.  

The partners were able to execute a comprehensive and targeted marketing strategy focused on the craft brew segment.  Interest was immediate, and dozens of inquiries were fielded and several inspections managed while entering into discussions with New Realm.  They also worked closely with the bank, landlord, and interested parties to resolve issues and negotiate a purchase agreement. 

“The considerable interest in newer, high-quality brewing equipment truly shows that the craft beer industry is alive and well,” stated Howard Newman, President of Loeb.  “We are thrilled that we were able to facilitate a sale that was in the best interest of both Green Flash and New Realm.”

Green Flash was founded in 2002 as a craft brewery and tasting room and has since grown into a nationally distributed brand.  The company will continue its production from their California and Nebraska facilities.  

New Realm was started in 2016 by co-founders Carey Falcone, Bob Powers and Mitch Steele, and opened its first production facility in a 20,000-square foot space on Atlanta’s east side Beltline trail. New Realm is currently exploring options for the location of the recently purchased equipment and a potential new taproom.

As experts in manufacturing equipment, the partners have conducted numerous auctions and liquidations for breweries such as: Coors, Molson, Pabst, Berghoff, and most recently Redhook.  

LTS Assists 3 More Clients Grow Their Businesses

LTS Assists 3 More Clients Grow Their Businesses: Loeb Term Solutions is pleased to finance another $10 Million Dollars' worth of equipment while helping three industrial clients in the freight, energy, and contract packaging industries leverage working capital from their equipment!

Loeb Term Solutions: LTS Assists 2 More Manufacturers Grow Their Busine...

LTS Assists 2 More Manufacturers Grow Their Businesses with Equipment Term Loans: Loeb Term Solutions is pleased to finance another $2.3 Million Dollars' worth of industrial machinery helping two manufacturers in the metalworking and precision machining industries leverage working capital from their equipment...

The State of the Evolving Manufacturing Sector

The State of the Evolving Manufacturing Sector: As a firm that actively engages in the buying, selling, auctioning, appraising and financing of used industrial assets, the questions we’re being asked the most these days are “what is the state of the manufacturing sector? What has been happening in the past quarter? What about the past year?”...

LTS is Helping Chicago's Junior Hockey Teams have a Better Experience

LTS is Helping Chicago's Junior Hockey Teams have a Better Experience: The teams are skating a lot smoother over at Johnny's Ice House thanks to their new Zamboni from Loeb Term Solutions...

Loeb Welcomes Vince Andrews to the Team as Vice President, Equipment Division

Vince Andrews Vice President Equipment Division (773) 496-5725 vincea@loebequipment.com

Loeb is pleased to announce the addition of Vince Andrews to the team as the Vice President of Loeb's Equipment Division. Vince joins the organization to lead the day-to-day efforts of Loeb's Account Management and Inventory teams.

"My father, Jim, has known Vince since he first started in the contact packaging industry in 1995 and I have been watching him grow to run one of the largest contact packaging operations in the country. We are thrilled to have him join our team to take our Inventory division to the next level," stated Howard Newman, President of Loeb. "I look forward to working with Vince and watching him continue to grow our sales and inventory operations."

Vince brings over 20 years of experience in both brand and private label food processing and contract packaging in addition to having hands on equipment knowledge spanning from sourcing to modification for specific applications. He holds over 8 certifications across sanitary design, process design, and environmental impact that he will use to focus on transforming the production and automation needs of Loeb's customer base. Prior to joining Loeb, Vince most recently was the Director of Operations for a large contract packaging firm where he was responsible for complete process and production system design and installation.

Vince will be based out of Loeb's corporate headquarters in Chicago, Illinois and will be working with his teams to increase efficiencies in Loeb's equipment division and increase sales, purchases, rentals and leases.

For more information about Loeb, visit: www.loebequipment.com 

LTS is Assisting Another Manufacturer Grow Their Business with a Flexible Equipment Term Loan

LTS is Assisting Another Manufacturer Grow Their Business with a Flexible Equipment Term Loan: Loeb Term Solutions is pleased to finance another $3.8 Million Dollars' worth of industrial machinery helping a manufacturer and distributor of utility, wireless, and structural towers and components leverage working capital from their equipment...

Chicago P.D.'s Season Premier Was Filmed at Loeb!!

This summer the hit NBC show Chicago PD filmed on site in Loeb's Wabash Yard for their season premier.

In the episode titled "Reform" the squad teams up to bust a gun deal and just prior to the raid scene, we see the SWAT team assemble among machinery in Loeb's north Wabash yard.

Production crews spent the day at Loeb setting up lighting panels and camera rigs as well as filming at a neighborhood school.

Watch a Clip Online ››

This isn't the first time that Loeb has worked with television and film productions.  In 2008, Loeb made its feature film debut when several pieces of equipment were featured in in "The Dark Knight" as instruments in Morgan Freeman's (Lucious Fox) lab and just last year Loeb worked with both Chicago PD and Chicago Fire to provide machinery for staging in episodes.  

Audiences should keep an eye out next year to see more of our equipment featured in the John Goodman & Vera Farmiga film "Captive State.

LTS Solves Growth Issues for 5 More Companies by Providing Equipment Financing Solutions

LTS Solves Growth Issues for 5 More Companies by Providing Equipment Financing Solutions: Loeb Term Solutions financed over $9 Million Dollars' worth of industrial machinery helping 5 companies within the metalworking, automotive machining, and food processing industries leverage working capital from their machinery and equipment...

Sold as a Going Concern: The Power of Auctioneer Agents to Facilitate Bulk Sales

Sold as a Going Concern: The Power of Auctioneer Agents to Facilitate Bulk Sales: Over the past several years, Loeb Winternitz Industrial Auctioneers has taken the lead in active negotiations to sell several facilities as a Going Concern, prior to auction...

Assets from Harris Silver & Sons, Inc. Sold in Bulk

Assets from Harris Silver & Sons, Inc. Sold in Bulk: Loeb Winternitz Industrial Auctioneers Successfully Sells the Assets from an Illinois Scrap Processor to a Strategic Buyer...

Loeb Takes to TV Again in Chicago PD

Equipment from Loeb was recently featured on an episode on Chicago PD!

Once again Loeb is making their mark on the small screen, this time in the season finale of of Chicago PD.  In the episode titled "Fork in the Road", the FBI is secretly operating out of an old candy factory where several pieces of machinery from Loeb's warehouse can be seen.

This isn't the first time that Loeb has worked with television and film crews to provide machinery for staging.  In 2008, several pieces of equipment were featured in Morgan Freeman's (Lucious Fox) lab in "The Dark Knight" and just last year several pieces were used for a scene in "Chicago Fire."  Audiences should keep an eye out next year to see one of our control panels in the John Goodman & Vera Farmiga film "Captive State."

LTS Finances $7.7 Million Dollars' Worth of Equipment Providing Solutions to 5 More Companies

LTS Finances $7.7 Million Dollars' Worth of Equipment Providing Solutions to 5 More Companies

Loeb Term Solutions Partners to Close $2.5M Cross-Border Equipment Financing

Loeb Term Solutions Partners to Close $2.5M Cross-Border Equipment Financing: Loeb Term Solutions announces the successful closing of a cross-border, industrial equipment financing transaction for a manufacturing production line in Tijuana, Mexico.

Paramount Machining Solutions Sold as Ongoing Concern

Paramount Machining Solutions Sold as Ongoing Concern: Loeb Winternitz Industrial Auctioneers and Yellen Partners Successfully Sell Assets from a Michigan CNC Precision Prototype Facility to a Strategic Buyer...