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CG Commercial Finance
CG Commercial Finance provides middle and large ticket capital equipment financing.
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    • Home
    • Our Expertise
    • Industries We Serve
        • Aviation
        • Construction
        • Healthcare
        • Manufacturing
        • Mining
        • Oil and Gas
        • Retail, Food & Beverage
        • Technology
        • Transportation
        • Waste Management
      • Our Clients
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      • About CGCF
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      CG Commercial Finance acquired by Atalaya Capital Management

      CG Commercial Finance (CGCF) has completed a transaction selling all of the outstanding stock of the company to funds managed by Atalaya Capital Management LP.  The transaction represents an important milestone in CGCF’s long term growth strategy establishing the capital resources to exponentially grow its originations platform, increase its funding capacity, and expand its third party buy desk, referral, and syndication program.

      “As CGCF and Atalaya have worked closely in the past funding large ticket, complex transactions, we are excited to be able to complete this transaction and join forces with the team at Atalaya.  With the capitalization provided by Atalaya, in addition to our strategic partnerships and our existing warehouse facility, CGCF is well positioned to fill the financing gap that exists for middle market companies due to the bank regulatory environment and the exit of key players from the market.”

      – W. Scott McCullum, President of CG Commercial Finance.

      Atalaya has invested in a wide range of equipment leasing transactions throughout its history including acquisitions from the FDIC and banks as well as origination directly and through partners.


      “The acquisition of an established equipment finance structuring and originations platform expands our capabilities. We are pleased to partner with CGCF’s experienced team to build a premier equipment leasing business.”

      – Rana Mitra, Managing Director, Atalaya Capital Management LP.

      About CG Commercial Finance

      CG Commercial Finance is a domestic and international financier of equipment and industrial projects related to the growth, expansion and efficiency initiatives of large corporations. CGCF delivers highly customized lease and financing solutions to meet complex operational, accounting, and treasury requirements. Projects typically range from $1MM to $300MM in cost and include diverse assets such as transportation (titled vehicles, air, rail, and marine), industrial plants (manufacturing, food processing, assembly, etc.), distribution centers, material handling, mining, energy, and technology assets.

      About Atalaya Capital Management LP

      Atalaya is a privately held, SEC-registered, alternative investment advisory firm. Atalaya focuses on making opportunistic credit and special situation investments in three principal asset classes – real estate, corporate and specialty finance.  Founded in 2006, Atalaya is headquartered in New York City and has over $2 billion in assets under management.

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      OUR CLIENTS
      • V and M Company
      • SpaceX
      • Bard Capital
      • Walter Energy
      • Rhino Resource Partners
      • American Apparel
      • Trico
      • Premier Medical Group
      • Amsted Industries
      • Budget
      • Ketchum_Inflow_Communications
      • Alorica Services
      • Apollo
      • Casella Resource Solutions
      • Mosaic Energy Company
      • Quanta Services
      CLIENT REVIEWS
      • “Thanks for your efforts towards the successful refinance of my company.  While we took the time to finalize the deal I felt comfortable that there would be far less execution risk associated with working with the team at CG.  Thanks again. ”

        Greg J Paulk
        President, New-Com, Inc.
      • “The equipment was customized to meet our client’s expectations in regards to absolute minimum tolerances required in the manufacturing of impellers, turbines, rotors and other components of high performance rotating equipment for the aerospace industry. Many lenders could not get comfortable with this type of modified equipment but CG Commercial spent the time to understand it along with our business history and our high profile clients. CG Commercial successfully funded our transaction with a very competitive rate after solving some existing lien problems we had with past lenders.

        Based upon CG Commercial’s expertise and execution of this transaction we have engaged them again to provide financing for our upcoming capex needs. We value our partnership with CG Commercial.”

        View Reference Letter

        Dave Z
        Controller - Turbocam, Inc
      • “I have been with CEMEX for the past four years and have initiated over 100 lease transactions on behalf of CEMEX, Inc. and its subsidiaries. There have always been challenges in closing transactions especially when initiating a new relationship.

        I would like to commend you for the ease and speed with which you set up the relationship and your teams’s no-nonsense approach taken within your funding process. I appreciate having a trusted partner who can provide the capacity and competitive rates that we demand over many years to come.”

        View Reference Letter

        Charmaine S
        Leasing Manager, CEMEX Corporation
      • “Thank you for the fine job that CG commercial Finance (CG) did setting up the lease program for the financing of the new equipment [five new, highly sophisticated CNC machines]. CG quickly approved our transaction, provided a competitive rate and set up three different lease schedules to accommodate the different delivery dates for the equipment coming from the OEMs in Japan & South Korea. They also established an interim credit facility to pay the requested progress payments to the vendors.

        CG successfully worked with us in understanding our reviewed financials. In our experience, many lenders and banks shy away from a transaction unless they are financing a company with audited financials. We are exited about continuing our relationship and look forward to working with CG on our future needs as a preferred lease provider.”

         

        View Reference Letter

        John Z
        Controller, Flanagan Brothers, Inc.
      • “I am writing this letter to thank you for your work on the equipment finance transaction your team put together for my company. You spent the time assessing our needs and proposed a competitive financing solution for our recycling processing equipment, which resulted in an additional revenue stream for us.


        Consultants Group provided a timely credit approval after understanding that the equipment was not new, and promptly turned around closing documentation, which resulted in funding that met our operational goals, including:

        • Being able to move rapidly through the funding process
        • Providing flexibility and willingness to go above and beyond other lenders
        • Taking the time to understand the assets and achieving an advance amount of 100% of the invoice amount for used assets

        I look forward to a long and rewarding partnership.”

        View Reference Letter

        Russell B
        CFO, Rocky Mountain Recycling
      • “I wanted to take a moment to thank CG Commercial for your work with our organization over the past year. It is nice to be able to have a trusted and professional finance team to turn to when the hospital has a project. CG provides an annual lease line of credit for our organization that has been both cost effective and efficient. In fact, you have insured our various vendors have been paid in a timely manner and provided an easy flow of paperwork.

        I am excited about continuing our relationship and look forward to working with you on projects in the future. I would also not hesitate to recommend CG Commercial Finance to anybody who was looking for equipment financing.”

        View Reference Letter

        Renee M
        Director, Supply Chain - Memorial Hospital
      • “I wanted to take a moment to thank the CG Commercial Finance team for the results you achieved for my company.


        Adam, Scott and Kevin and the rest of the team CG commercial Finance have been professional, responsive and courteous in the leasing of our ERP project for ~$1.8MM. The Team was able to include most of the “soft costs” of the ERP implementation including developer’s invoices for time and software engineering costs.


        I look forward to continuing the relationship for any other challenging asset financing or leasing needs we may have.”

        View Reference Letter

        Bill Y
        Controller, Lockwood International, Inc.
      • “Murray Energy Corporation (“Murray Energy”) appreciates your efforts throughout the last two years in providing equipment leasing solutions for our mining operations. CG’s leasing solutions for our longwall mining equipment and continuous mining equipment needs have enabled our Company to successfully implement a very significant capital program over that period that has resulted in significant production improvements.
        Your knowledge of the industry, and our Company, has proven to be very beneficial in securing the required lease financing.”
        Robert M
        Executive Vice President, COO and CFO, Murray Energy Corporation
      • “Thank you for the fine job that CG Commercial Finance (CG) did setting up the lease program for our forklifts and machine tools. CG spent the time to understand our corporate organization, requirements and German parent company financials. As well, CG provided the most competitive rate and quickly turned around vendor funding.

        CG successfully worked with us in understanding our U.S. entity’s unaudited financials. In our experience, many lenders and banks shy away from a transaction unless they are financing a company with audited financials.

        We are excited about continuing our relationship and look forward to working with CG on our future needs as a preferred Bendix lease provider.””

        View Reference Letter

        Brian G
        Indirect Purchasing Manager, Bendix Commercial Vehicle Systems, LLC
      • “I have had the pleasure of working with CG Commercial on a Master Equipment Lease Agreement.  They were able to quickly approve and document $750,000 in Furniture, Fixtures, and Equipment. What separated CG Commercial from the competition was that they were able to approve a lease structure for a new retail location with a four month deferral period which allowed us to generate revenues from a new customer base before having to begin payments on the equipment.

        We at Strauss Discount Auto have found CG Commercial’s flexibility in their lease structures to be extremely advantageous to our company and look forward to a long and mutually beneficial relationship.  I would recommend CG Commercial to any company in need of any type of structured equipment finance.”

        Steve P
        CFO, Strauss Discount Auto
      • “On behalf of the staff at Sheffield Leasing dba Budget Rent A Car, I would like to thank you for the leasing assistance that CG Commercial provided. The level of communication and timely manner in which the project was handled was greatly appreciated.  The effectiveness in which the details of the lease transaction were accommodated revealed the expertise and knowledge CGCF has with equipment financing.

        CG Commercial provided us with the service and attention to our needs that I feel qualifies them as a company to continue to work with and I strongly recommend to others in the industry.”

        David M
        CFO, Sheffield Leasing dba Budget Rent A Car
      • “The folks at Western Liquid Express would like to demonstrate out thanks for the financial solutions that you were able to provide with this letter of recommendation.

        The attention to our needs and assistance with the vendor of the software project was greatly appreciated.

          CG Commercial was a great help with our financing need.

        I would recommend other companies in need of assistance with financing to reach Jon and CG Commercial.”

        Chuck S
        Vice President, Western Liquid Express
      • “The Bones Company would like to thank you for your service and financial solution for the software project that we recently completed. The effort that CG Commercial put into making sure that we were accommodated by the vendor and also with your financing solution helped to expedite the process of funding the transaction.

        The attention to detail revealed your expertise with the financing process. In the future, we look forward to doing more business with your group for the IT related projects or even the tractors and trailers.”

        Mark B
        Vice President, The Bones Company
      • “I wanted to express our genuine satisfaction regarding the service and pricing provided by CG Commercial. We have had previous Leasing experience, and found that CG Commercial provided us with consistent communication as well as a timely approval and funding process. 

        We feel that CG Commercial demonstrated professionalism and expertise by being responsive to our needs, which ultimately enabled us to acquire our desired equipment with favorable terms.”

         

        View Reference Letter

        Kevin R
        CFO, Polytop Corporation
      • “Bucks County Community College has had the pleasure of working with the professional staff at CG Commercial. CG Commercial was able to provide the most amicable terms and quickly approve and document financing for approximately $1,000,000 in IT hardware and software.

        CG Commercial competed against six other major leasing organizations. They not only provided the most aggressive rate, but were able to provide the flexibility necessary in order to meet all of Bucks County Community College’s requirements.

        We at Bucks County Community College have found CG Commercial’s lease financing knowledge and expertise to be extremely advantageous to our school and look forward to a long, mutually beneficial relationship. I would recommend CG Commercial to any company in need of structured equipment finance.”

         

        View Reference Letter

        Jim L
        CFO, Bucks County Community College
      • Spectrum Astro successfully completed two significant lease arrangements with CG Commercial. Spectrum worked with many leasing agents and organizations that were unable to perform or were requesting unreasonable terms before we discovered CG Commercial Finance. They understood our need to obtain equipment operation leases that were compliant with FASB 13 requirements. The leases they structured for our unique and costly pieces of equipment were not only FASB 13 compliant, but also met our need for cost effectiveness and lease term expectancy.

        CG Commercial creatively and aggressively accommodated our leasing challenges where others could not. Specturn Astro looks forward to continuing our business relationship with CG Commercial and would highly recommend them for any future leasing opportunities.”

         

        View Reference Letter

        Daren I and Scott O
        VP/CFO and Director, Facilities, Spectrum Astro
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      CG COMMERCIAL FINANCE
      2211 Michelson Drive
      Irvine CA 92612
      Toll Free: 800.303.4006

      info@cgcommercial.com
      www.cgcommercialfinance.com

      SALES CONTACT:

      Tobin Junowich
      Senior Vice President
      tobin.junowich@cgcommercial.com
      Direct: 800.303.4006 ext 307

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      OUR PHILOSOPHY
      • INSIGHT

        Our Transaction Process:
        Our commercial finance professionals take the time and ask the right questions to ensure we are providing the best fit solution for your needs. Client considerations include reporting and compliance effects, operational issues, GAAP/Tax treatment and more.

      • ABILITY

        Experience and Knowledge Applied:
        We are commercial finance & accounting professionals. Experience and knowledge applied are what matter most and that is our primary focus. So, we will tell you what we think is best for your organization, not what we think will get us the deal.

      • EXECUTION

        We Get Deals Done:
        We have an excellent track record of completing commercial finance transactions of all types and complexities from GAAP/Tax Operating Leases to large revolvers and term debt syndications for credit profiles ranging from investment grade to extremely challenged.

      FEATURED POSTS
      • Preparing for the New Lease Accounting Rules
        June 19, 2017
      • WITH GE CAPITAL’S MONEY GONE, YOU JUST MIGHT NEED A COWBOY.
        October 31, 2016
      • CG Commercial Finance acquired by Atalaya Capital Management
        July 11, 2016
      • Executive Summary
        February 29, 2016

      LET’S DO BUSINESS

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      $4,500,000

      Highest advance amount for used equipment

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      Managed multiple US and UK international transactions

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      Large volume of low-valued assets, multiple vendors