Thursday, January 7, 2016

Stern Corporation Online Only Auction - Lots begin closing online 2/10

Stern Corporation Online Only Auction - Lots begin closing online 2/10...: chinery and Equipment No Longer Needed in its Continuing Operations, Featuring: HVAC Fabricating Machinery & Equipment, Machine Tools, Inventory, Plant Support and Vehicles...

Tuesday, January 5, 2016

Online Only Auction of Assets from Pacal Industries, LLC - Lots begin closing online 2/3 & 2/4

Online Only Auction of Assets from Pacal Industries, LLC - Lots begin closing online 2/3 & 2/4...: Large 2-Day Auction of Structural Steel Manufacturer, Featuring: Fabricating, Welding, Bending, Cutting, Machine Tools, Inventory and Material Handling Machinery – Equipment As New As 2014!!!...

Thursday, December 17, 2015

Loeb Term Solutions: Bridging the Gap to Traditional Lending

Loeb Term Solutions: Bridging the Gap to Traditional Lending: For many of the clients that come to Loeb Term Solutions for financing, their companies are distressed or in turnaround and they fall outside of the covenants of traditional lenders. However, this doesn't necessarily mean that the company will never be able to qualify with a traditional lender in the future. In fact, Loeb Term Solutions has been the right move at the right time to bridge the gap in financing for a number of companies, who have been able to exit our financing in 24-36 months...

Friday, December 4, 2015

Real Asset Knowledge Trumps a Typical Report

Real Asset Knowledge Trumps a Typical Report: Are you sure your last appraisal was accurate? Banks hire appraisal firms because they want an opinion of value. Why? The majority of banks in today's banking climate, even when they identify themselves as an asset based lending group, they are, in fact, effectively cash flow lenders. The assets, as collateral, are important, but the focus of the lender is on the borrower's ability to service their debt and not necessarily on the actual value of the underlying collateral...

Tuesday, October 13, 2015

Wednesday, September 30, 2015

Liens: The Sleeping Giant Jeopardizing Turnaround Financing

Liens: The Sleeping Giant Jeopardizing Turnaround Financing: Liens, in and of themselves, are neither bad nor good; they just are. When a company needs financing or refinancing, the new lender will always run a lien search and find exactly what liens are currently encumbering the company assets...

Thursday, September 17, 2015

Preservation of Value vs. Value Enhancement: What does money spent mean to value?

Preservation of Value vs. Value Enhancement: What does money spent mean to value? Fixed asset registers are an interesting list. Every time a business makes a purchase, the decision needs to be made if the purchase is being capitalized and subsequently added to the fixed asset register, or if the purchase is expensed, thereby having an effect on the P&L of the business. The Sarbanes-Oxley act (particularly sections 302 and 404) added to each businesses decision making process...

Friday, September 11, 2015

Wednesday, July 29, 2015

Loeb Expands Operations in the Midwest and Opens an Office Outside of Detroit

Loeb Expands Operations in the Midwest and Opens an Office Outside of Detroit: Loeb recently expanded its operations within the Midwest when it opened its Detroit office earlier this month. The office will house a team focused on used machinery and equipment sales as well as business development for related services such as term loan financing, appraisals, and auction services...

Friday, July 24, 2015

LTS Funds Over $4.2 Million Dollars' Worth of Equipment This Month

LTS Funds Over $4.2 Million Dollars' Worth of Equipment This Month: Loeb Term Solutions recently partnered to fund a term loan on equipment valued at over $3.7 Million and spearheaded another term loan on equipment valued at over $600,000...

Monday, June 29, 2015

Deals Flow in Both Directions - LTS Wants to Participate in Deals with You!

Deals Flow in Both Directions - LTS Wants to Participate in Deals with You!: Loeb Term Solutions recently participated in funding a 40 million dollar equipment term loan providing working capital to a Southern heavy civil construction company. This opportunity was brought to us by a lender that we brought into a previous opportunity we had that we wanted to share....

Friday, June 19, 2015

Loeb Term Solutions Participates in the Funding of Over 40 Million Dollars in Equipment Financing

Loeb Term Solutions Participates in the Funding of Over 40 Million Dollars in Equipment Financing: Loeb Term Solutions recently participated in funding over 40 million dollars of industrial assets with a term loan providing working capital to a Southern heavy civil construction company...

Wednesday, May 27, 2015

Loeb Appraisal: Idle, Seasonal, or Truly Surplus: Equipment Bone Y...

Idle, Seasonal, or Truly Surplus: Equipment Bone Yards are not Bank Accounts: Recently Loeb Appraisal has been fielding the following question as it pertains to equipment valuations: What, in the appraisers opinion, is truly surplus equipment versus idle or seasonally needed equipment?...

Loeb Term Solutions: Loeb Term Solutions Provides a Term Loan on Equipm...

Loeb Term Solutions Provides a Term Loan on Equipment Valued at over $1.5 Million to a Southwestern Commercial Bakery: Loeb Term Solutions recently provided an equipment term loan to a southwestern commercial bakery specializing in sweet and savory frozen bakery products. The company is looking to restructure their current financing and expand their operations to meet increasing demand. Loeb Term Solutions provided a term loan on the equipment valued at over $1.5 Million...

Chromcraft Revington, Inc. Residential & Institutional Furniture Mfg. Huge 2-Day Webcast Auction - Live Onsite & Online 6/18-19

Chromcraft Revington, Inc. Residential & Institutional Furniture Mfg. Huge 2-Day Webcast Auction - Live Onsite & Online 6/18-19: Huge 2-Day Auction of Machinery & Equipment Servicing the Commercial, Residential & Institutional Furniture Mfg. – Metal, Wood & Multi-Media Casual Dining Furniture, Chairs, Tables & Much More...

Monday, May 11, 2015

Loeb Winternitz Successfully Sells Matador Processors as a Complete Operation

Loeb Winternitz Successfully Sells Matador Processors as a Complete Operation: Loeb Winternitz Industrial Auctioneers is pleased to announce that the assets from Matador Processors USDA food processing and packaging facility has been sold as a complete operation. The new owners will take up operations in the Blanchard, Oklahoma facility within the next few weeks.

Wednesday, April 15, 2015

Loeb Term Solutions Welcomes Eric Grozenski to the Team as a Business Development Officer

Loeb Term Solutions Welcomes Eric Grozenski to the Team as a Business Development Officer: Loeb is pleased to announce the addition of Eric Grozenski to the Loeb Term Solutions team as its newest Business Development Officer. He joins Jim Newman, Managing Partner, and the rest of the team in focusing on expanding the financial arm's equipment-based lending portfolio...

Thursday, April 9, 2015

Magnesium Aluminum Michigan Corp Online Only Auction - Lots begin closing online 6/10

Magnesium Aluminum Michigan Corp Online Only Auction - Lots begin closing online 6/10: Late Model CNC Vertical & Horizontal Machining Centers, Die Casting Machines, & Machine Tools Surplus to the Continuing Operations of Magnesium Aluminum Michigan Corp....

Tuesday, April 7, 2015

Wednesday, April 1, 2015

Matador Processors - Available as an Ongoing Concern with IP Prior to Auction

Matador Processors - Available as an Ongoing Concern with IP Prior to Auction: ** * Available as an Ongoing Concern with IP Prior to Auction * * Matador Processors – USDA Vegetable Stuffing, Breading, Frying & Freezing Plant...

Friday, March 6, 2015

Loeb Term Solutions Finances Equipment Valued at Nearly $7.8 Million in February

Loeb Term Solutions Finances Equipment Valued at Nearly $7.8 Million in February: Startups, fast growing, downsizing, bankruptcy, note purchases...We finance all types of businesses because we know asset values! Over $105 Million Worth of Equipment Financed! How can we help you close more deals?...

Thursday, February 5, 2015

Loeb Term Solutions Finances Over $9 Million Dollars Worth of Industrial Equipment in January Providing Solutions for 3 Manufacturers

Loeb Term Solutions Finances Over $9 Million Dollars Worth of Industrial Equipment in January Providing Solutions for 3 Manufacturers: On the heels of a record funding year for Loeb Term Solutions, the Chicago-based lender has closed January by financing another $9,000,000 dollars worth of industrial machinery and equipment. The financing will help a global textile company open a new US facility and two plastics manufacturers expand their businesses during a time of growth...

Tuesday, February 3, 2015

Loeb Winternitz Industrial Auctioneers Awarded IAA's 2014 Top Marketing Award

Loeb Winternitz Industrial Auctioneers Awarded IAA's 2014 Top Marketing Award: The Industrial Auctioneers Association (IAA) presented its 2014 Marketing Award to Loeb Winternitz Industrial Auctioneers for their succe
ssful marketing and sale of the assets from Green Mountain Coffee Roasters...

Friday, December 5, 2014

As a Lender, Where Are You Entering the Value Curve When Lending on Machinery & Equipment?

As a Lender, Where Are You Entering the Value Curve When Lending on Machinery & Equipment?Recently, when discussing value trends with a group of lenders, the following question was raised:"From a collateral perspective, is it more secure to lend X percentage against used equipment than on new equipment because of there being less dissipation of value over time?"....

Tuesday, November 18, 2014

Ace Waste Richmond LLC (Ace Recycling) Online Only Auction - Lots begin closing online 12/17

Ace Waste Richmond LLC (Ace Recycling) Online Only Auction - Lots begin closing online 12/17: Late Model Construction & Debris Recycling Processing Equipment, Yellow Iron, Roll-Off's, Containers, Support Equipment – As New As 2013! Offers Being Accepted for Sparta Innovations C & D Processing Plant...

Ohio Packing Co. Online Only Auction - Lots begin closing online 12/10

Ohio Packing Co. Online Only Auction - Lots begin closing online 12/10: Extremely Well Maintained Meat Processing & Sausage Production Equipment Formerly Used to Produce Ohio Packing's Well Known Private Label Quality Meats...

Koenig Machine, Inc. Online Only Auction - Lots begin closing online 12/3

Koenig Machine, Inc. Online Only Auction - Lots begin closing online 12/3: Online Only Auction of Well Maintained Precision CNC Shop - Equipment as New as 2012...

Loeb Term Solutions Funds 8 Million Dollars in Equipment Financing to a West Coast Aerospace Metalworking Firm

Loeb Term Solutions Funds 8 Million Dollars in Equipment Financing to a West Coast Aerospace Metalworking Firm: Loeb Term Solutions recently funded 8 million dollars to a West Coast metalworking facility specializing in aerospace components...

Wednesday, November 12, 2014

Loeb Term Solutions Funds Over 12 Million Dollars in Equipment Financing to a Midwest Company

Loeb Term Solutions Funds Over 12 Million Dollars in Equipment Financing to a Midwest Company: As the lead participant in a syndicated financing deal, Loeb Term Solutions recently partnered in funding over 12 million dollars in equipment term loan financing. The term loan will provide the working capital necessary to solidify the acquisition of a Midwest metalworking company to new owners...

Friday, October 31, 2014

Imperial Mills LLC Gluten Free Flour & Bake Mix Milling & Packaging Production Equipment Sold as a Complete Operation

Imperial Mills LLC Gluten Free Flour & Bake Mix Milling & Packaging Production Equipment Sold as a Complete Operation: Loeb Winternitz Industrial Auctioneers is pleased to announce that the assets from Imperial Mills LLC Platteville Gluten-Free flour and bake mix milling and packaging facility has been sold as a complete operation...

Wednesday, October 1, 2014

Friday, September 26, 2014

Tuesday, September 23, 2014

Understand Your Asset Values with a Certified Market Appraisal from Loeb Appraisal

Understand Your Asset Values with a Certified Market Appraisal from Loeb Appraisal: Loeb Appraisal specializes in appraising machinery and equipment within the food, pharmaceutical, cosmetics, and chemical industries. Our certified market appraisals give our customers clear insight to the value of their capital assets...

Friday, September 19, 2014

Friday, September 5, 2014