Equipment financing and leasing
Finance equipment for replacement, expansion or modernization with a structure that reflects your business needs. White Oak offers equipment financing and leasing, capital from existing assets, and vendor finance programs for suppliers arranging financing for their customers.
Discuss your financing needsFinancing context
Capital for equipment your business depends on
Buying or replacing equipment means balancing the investment with other demands on your capital. Even when you can fund the purchase outright, financing may be worth considering alongside those other business needs.
Beyond the equipment purchase, commercial financing for investment and operating needs can take different forms. A facility's stated limit may differ from the amount available to draw, so funding conditions matter alongside repayment commitments.
White Oak Equipment Finance (WOEF) provides direct funding for a wide range of companies, considering the equipment's value and importance to ongoing operations alongside the company's financing circumstances.
- Typical financing size
- $10 million–$120 million
- Typical maturity
- 1–5 years
- WOEF transaction hold positions
- $10 million–$100 million+
The financing size is the total transaction amount. A hold position is WOEF's own funding participation within that transaction.
Lease structuring
Match the financing to the equipment's use
How long you expect to use the equipment and the value it may retain at the end of a lease help frame the financing decision. Both matter when considering the term and the payments your business will make. White Oak focuses its underwriting on equipment value over the life of the transaction and customizes lease payments, interest rates and amortization schedules case by case.
White Oak's lease capabilities include true lease financings with residuals, full payout leases and structured lease investments.
Residual value is the equipment's expected value at the end of the lease. In a true lease with a residual, that value forms part of the structure. In a full payout lease, the payments recover the finance company's investment and return without relying on the equipment's residual proceeds. Understanding this difference helps you consider payments during the term in relation to the equipment's value at the end.
WOEF is committed to clarity and a customer-oriented approach in its lease documents.
Additional capital
Capital from existing assets and funding during a build
Sale leasebacks of existing assets and facilities
White Oak provides sale leasebacks of existing assets and facilities. The business sells an asset to raise capital, then leases it back for continued use. Ownership changes, and the business takes on lease payments. This makes sale leaseback relevant to funding needs that arise after the original equipment investment.
Progress funding for extended equipment builds
An extended build can create financing needs before equipment is ready for use. White Oak provides progress funding for equipment with extended build times, addressing the timing of capital needs while the asset is being built.
Vendor programs
Financing for equipment suppliers and their customers
For an equipment supplier, financing is part of the customer's purchase decision. White Oak's vendor equipment financing programs provide a financing route for your customers, including programs for healthcare equipment and technology.
White Oak also offers discounting of major vendor and other third-party paper. Here, the funding relates to existing financing contracts held by a vendor or third party. That is a different starting point from arranging financing for a customer's purchase.
Expertise
Equipment and industry expertise
Equipment's contribution to a business takes different forms: moving goods, supporting production, delivering care or running the systems on which operations depend. White Oak's equipment expertise reflects that breadth.
For a manufacturer expanding production, materials and production costs can tie up cash before finished goods are sold and customers pay. Planning industrial financing for equipment and working capital involves allowing for equipment payments alongside the cash needed to put that additional capacity to work.
- Manufacturing and processing equipment
- Transportation equipment, including trucks, tractors and trailers
- Aircraft
- Medical and healthcare equipment
- Technology equipment, including telecom, enterprise storage and computing assets
- Other revenue-generating assets
Equipment also includes the systems behind day-to-day operations. White Oak's technology scope covers telecom, enterprise storage and other enterprise computing assets, as well as software end-user license agreements (EULAs) from major licensors.
- Transportation
- Manufacturing
- Healthcare
- Technology
- Construction
- Mining
- Aviation
- Food processing
- Oil and gas
WOEF considers equipment opportunities without predetermined exclusions, in the context of the company and proposed transaction. Locations may include domestic and foreign markets.
Get in touch
Discuss your equipment financing needs
Talk with Richard Petrucci about the equipment, the business need and the timing of your financing. You can discuss an investment for your own company, capital from existing assets or a financing program for your customers. There is no need to choose a lease structure before starting the conversation.