• CGCF Resources Center
  • Careers
  • Contact Us
Top Menu
info@cgcommercial.com800.303.4006
LinkedinGoogle+YouTube
CG Commercial FinanceCG Commercial Finance
CG Commercial Finance
CG Commercial Finance provides middle and large ticket capital equipment financing.
  • Home
  • Our Expertise
  • Industries We Serve
      • Aviation
      • Construction
      • Healthcare
      • Manufacturing
      • Mining
      • Oil and Gas
      • Retail, Food & Beverage
      • Technology
      • Transportation
      • Waste Management
    • Our Clients
      • Our Commitments
      • Our Clients
      • Client Reviews
      • Vendor Services
      • Equipment Line of Credit
    • About CGCF
      • Corporate Profile
      • CGCF Resources Center
      • Contact Us
      • Privacy Policy
     
    • Home
    • Our Expertise
    • Industries We Serve
        • Aviation
        • Construction
        • Healthcare
        • Manufacturing
        • Mining
        • Oil and Gas
        • Retail, Food & Beverage
        • Technology
        • Transportation
        • Waste Management
      • Our Clients
        • Our Commitments
        • Our Clients
        • Client Reviews
        • Vendor Services
        • Equipment Line of Credit
      • About CGCF
        • Corporate Profile
        • CGCF Resources Center
        • Contact Us
        • Privacy Policy

      WITH GE CAPITAL’S MONEY GONE, YOU JUST MIGHT NEED A COWBOY.

      “Where have all the cowboys gone?”

       

      In addition to being a heavily mediocre ‘90s pop song, it’s a phrase that might be ringing in the head of middle market CFOs. For years there was a clear delineation when accessing capital: the banks and the industrial finance companies. And while it was occasionally fun to watch them slug away at each other for your precious capital expenditure or other financing, they really began to occupy two very different parts of the landscape. The banks took care of the clean, simple structure stuff at really low rates while the commercial finance companies were there to take handle the out-of-the-box need or more challenging situation. Last year, GE Capital exited the market forever leaving a $200-300B annual “access to capital” hole in the needs of mid-sized companies. And with the likes of CIT and others on the quest to actually become a bank…or something like it…CFOs might just be losing hope in a once important finance alternative. So we ask again, where have all the cowboys gone?

       

      Do you, my friend, need a cowboy?

       

      First let’s ask, do you need a cowboy? Do you need a lender that can aggressively tackle the out-of-the-box project that has heavy soft costs? Or a lender that can manage dozens of vendors over a 20-month build cycle funding timely progress payments each step of the way? Or maybe even the lender that can tackle the “credit story” in an environment where no lender really wants to hear a “story”. The banks have had to take on so much increased regulation that they are still trying to figure out how to build their business 8 years after the crisis. Lending parameters are nearly the same for all of them these days and no matter how much they discuss relationship with you, it is often sacrificed at the altar of compliance. This leads to you receiving five dozen marketing calls per month from banker-types that pretty much all say and do the same thing: the clean, simply structured finance offering. But you want to grow. Expand. You want to access more capital despite not always having the ever-positive trends and boundless cash reserves the banks seem to prefer these days. You, my friends, need a cowboy.

      Dealmakers anyone?

       

      But GE Capital, CIT (of old) and even Heller Financial (now you’re showing some age) are gone forever, so what are you to do? Find the dealmakers. Find the lenders that, because of their unique funding structure, offer nearly unlimited funding capacity. They can offer the ability to improve borrowing costs as your company improves while still being able to help when the dips in performance…or worse things…happen. These lenders solve problems in an environment where most just “pass”. They bring outside-the-box financing and are not the revolver – bank group – traditional lenders of corporate finance. They want to solve for the projects you know the bank group won’t do. You know…they’re kinda like cowboys.

       

      Wanna talk to one?

       

      Across a wide variety of industries and assets, CG Commercial Finance helps mid-sized companies with more than just competitive equipment financing. We welcome unique complexity while others push for off-the-shelf standardization. We are an out-of-the-box complement to your bank group for financing the assets and projects that power your growth.

       

      Our company has a different story than the mass of me-too lenders calling your company. From unique financial structures to project finance to overcoming performance challenges, reimagine what’s possible and get the deal done with CG.

      Share this post
      FacebookGoogle+LinkedIn
      Related posts
      Preparing for the New Lease Accounting Rules
      June 19, 2017
      CG Commercial Finance acquired by Atalaya Capital Management
      July 11, 2016
      Executive Summary
      February 29, 2016
      Top 10 Equipment Acquisition Trends for 2016
      February 20, 2016
      FASB – Preparing for the Upcoming Leasing Standard
      January 25, 2016
      Lease Accounting Project Nearing Completion
      October 13, 2015
      Leave Comment

      Cancel reply

      Your email address will not be published. Required fields are marked *

      clear formSubmit

      OUR CLIENTS
      • Toronado Bus Company
      • Manitowoc
      • AirServ Aviation Services
      • Trico
      • ManTech International Corporation
      • The Bones Company
      • Rocky Mountain Recycling
      • Westmoreland Coal Company
      • New-Com
      • Commercial Metals Company
      • Shimmick Construction
      • OMNI Energy Services
      • Jackson Truck and Trailer
      • Pinnacle Foods
      • Air Methods Aviation
      • DAK Americas
      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
      RECENT POSTS
      • Gearing Up for Short Term Contract Manufacturing
      • Attacking 3 big lending issues facing manufacturers
      • CFMA Article: Of Cowboys and Lenders…
      • 2Q18 MM LOAN DATA
      • Where to place the worry: Rising Rates or the flattening yield curve
      • Just how many middle market loans are from banks these days?
      SUBJECT MATTER
      • Business(6)
      • Equipment Finance(13)
      • Finance(11)
      • Financial Accounting Standards(9)
      • Interest Rates(1)
      • Uncategorized(14)
      TRANSACTIONS
      Commercial Finance construction mining Commercial Finance construction Commercial Finance mining Commercial Finance - energy Commercial Finance retail technology Commercial Finance aviation commercial finance commercial finance new-com construction Commercial Finance manufacturing
      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

      Find us on:

      FacebookGoogle+YouTubeLinkedinMail
      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

      Name
      Company
      Email
      Comments
      CG Commercial Finance
      © 2016 Consultants Group Commercial Funding Corporation. All rights reserved.
      Bottom Menu

      Equipment Leasing and Finance Association website security

      $4,500,000

      Highest advance amount for used equipment

      $16,598,153

      Managed multiple US and UK international transactions

      $6,887,616

      Customized collateral, competitive pricing and rapid turnaround

      $3,935,085

      Progress funding of I.T. assets during energy downturn

      $10,206,405

      Complex and rapidly evolving credit situation

      $6,847,556

      Only Lessor to qualify transaction to PwC’s approval

      $11,758,923

      Vendor services for highly customized, hi-tech equipment

      $63,564,893

      Banks declined as collateral was “outside of the box”

      $5,055,000

      Large volume of low-valued assets, multiple vendors