Experience

Loeb

• United States
• Financial Services
• 1 - 100 Employee

• Retired but still involved

  • Jan 1970 - Present

  Delray Beach, Florida Experience For five generations since 1880, Loeb has been helping manufacturers and financial institutions leverage their industrial assets by managing the equipment life cycle. - Equipment Term Loans: 4-5 year terms based off the value of current and new equipment - Certified Appraisals: M&E values from people who actually buy/sell the equipment - Auctions/Liquidations: Facility closures and surplus equipment - Equipment Sales/Purchases: Wide range of individual used… Show more Experience For five generations since 1880, Loeb has been helping manufacturers and financial institutions leverage their industrial assets by managing the equipment life cycle. - Equipment Term Loans: 4-5 year terms based off the value of current and new equipment - Certified Appraisals: M&E values from people who actually buy/sell the equipment - Auctions/Liquidations: Facility closures and surplus equipment - Equipment Sales/Purchases: Wide range of individual used machines I supervise three Business Development Officers who cover the entire lower 48 States as well as two people in our back office. At the same time, I enjoy attending Trade Shows and helping discuss situations that come our way to see if our Equipment financing can be of help to struggling companies who can not obtain traditional bank financing or who are only getting a small advance on the value of their equipment.. LTS can frequently lend up to 80% of the value of the equipment.

• President

  • 1970 - 2008

  Chicago, Illinois Buying, Selling, Appraising and Rebuilding, Used Industrial Machinery used in the Food, Pharmaceutical, Cosmetic and Packaging Industries. As part of our appraisal practice, I also spent time serving as an Expert Witness in court. One of the things I enjoyed while buying machinery was carrying a company check with me at all times and buying machinery from plants "on the spot".