Equipment Underwriting
N-1 Capital’s Equipment Underwriting Service allows our clients to increase new financings while simultaneously reducing risk by incorporating N-1 Capital’s equipment market expertise into the underwriting of the hard assets. The current business and economic climate is making it more and more difficult for equipment lenders to lend money to businesses for the purchase of hard assets (property, plant and equipment). Moreover, the traditional credit underwriting methodology does not adequately incorporate the value of the underlying collateral in the lending equation. Knowing the value of the equipment being financed and, more importantly, the ability to actually realize that value is now fundamental to attract capital to those assets in today’s business environment.
N-1 Capital’s Equipment Underwriting Service leverages our decades of experience in originating and managing over $5 Billion in equipment financings. This service allows our customers to fully understand all the dynamics of specific equipment markets and provides them equipment valuations and strategies that will limit our client’s exposure on their equipment finance portfolios. Our approach is to incorporate N-1 Capital’s Equipment Value Indices (EVI) into the credit model to eliminate a portion of the overall risk. These EVI’s are derived by our equipment product managers reviewing and actively participating and investing in hundreds of millions of dollars in equipment transactions each year. Having a portion of the credit exposure reduced by actual equipment values allows our clients to creatively and reliably lend more with less risk. The following Equipment Underwriting Services are available from N-1 Capital:
Market Advice and Solutions
Our equipment product managers have collectively managed over $5 billion in equipment assets over the last 20 years. This experience along with our market insight, vendor independence and extensive industry relationships enables us to create the most efficient structures to finance all types of credits and equipment for our clients.
Competitive Equity Investments
Our expertise in equipment markets allows N-1 Capital to invest in equity in lease transactions to offer competitive operating lease structures.
Equipment Supply
When applicable, it is advantageous to supply the hard assets along with the financing to reduce the overall cost and risk in a transaction. N-1 Capital will utilize its extensive equipment inventory and network of resellers, distributors and manufacturers to deliver maintain and install the right equipment at the lowest price.
Equipment Remarketing
We offer equipment remarketing and logistics services to realize the values needed to secure our clients’ business and credit models.
Leasing Programs
Comprehensive full service leasing programs, co-branded and private label, that incorporates all if N-1 Capital’s products and services to increase new volume while reducing the cost and risk.