Welcome To Podium Financial Group
Full Service Equipment Lease Funding and Syndication
We have built our reputation on getting extremely difficult transactions funded and are, in fact, still offer several programs geared towards "C" and "D" customers.
We have now broadened our capabilities to become a full service lessor and service provider for lease brokers and equipment vendors, processing and approving a wide spectrum of lease and finance applications for amounts from $100,000 to $30 million ... including start up companies and franchises.
Broker Support - Podium can help you earn more money by freeing up your time for sales and marketing instead of keeping you chained to your desk processing paper and shopping for funding sources. Working with Podium is like hiring an experienced credit manager, an experienced documentation specialist and an experienced syndication specialist – without having to pay them salaries.
Direct Funding – Podium now funds the vast majority of its leases with internal funds, through investor groups and with funding partners. As a direct lender, we can now move rapidly when the situation warrants doing so. And, unlike "single source" lenders who only work internally, if a deal doesn't fit, we have alternatives through our Syndication Group.
Syndication – Knowing where to go with each deal saves time and results in higher approval percentages. Podium is an approved source with most of the leading providers of lease funding. Our people know who buys what. Furthermore, if the submission comes from Podium, it gets the attention it deserves.
Credit Challenged Lessees – We're the pros here. We've been doing it longer than anyone else. In addition to funding, we are the exclusive agents for a couple of the major investment groups in this market segment but we also have relationships with most of the other players in the niche. One of our sources even offers long term financing with little or nothing down and reduced payments for the first couple of years, a program that lets start up ventures grow without burning through cash early on.
Vendor Services – If you sell capital equipment and are not already working with an experienced lease broker, Podium can help. Our Vendor specialists know how to structure programs for you that help you make more sales. You can offer your customers financing without the headaches of being in the financing business.
Commercial Real Estate – We have been successful in using all types of real estate to secure financing. This includes funding new purchases, refinancing existing properties or simply pledging real estate to secure an equipment lease or working capital loan. From $100,000 to $30 million.
Equipment & Working Capital For "Turn Around" Companies – We are able to restructure a business's financial obligations, typically lowering their monthly debt payment and adding working capital by using existing equipment, real estate and/or receivables as collateral. From $100,000 up to $30 million!
For more information on how our capabilities can add to your bottom line – Call us today!
Start up aircraft inspection company
Needed $150,000 to secure bonding for FAA. Had a tax issue, so credit was bad and a start up. We paid off the tax issue and advanced $150,000 to the bonding company. We used a commercial building that he owned with a friend that they could not get a RE loan because of the lack of income or finances.
A commercial painter in Iowa needed $450,000 quickly to qualify for a bonding requirement for a new contract. They pledged commercial property and a residential property against which we placed a 2nd (on the commercial) and a 3rd T.D. (on the residential). Exactly 13 days from inquiry to funding. No hard money lender would approve, because they all needed to be in 1st position and stronger cash flow.