Non-Bank Financing
 

Turnaround Situations

Startups & New Ownership

PE & Venture Capital

Leveraged Buyouts/Management Spinoffs

Entrepreneurial Development Stage Companies

Bankruptcy

Why Choose IFS

Flexibility

Every leasing situation is unique and we pride ourselves on being able to tailor a lease or financing to meet our clients specific requirements, plus give them the necessary service to complete their transaction quickly.  IFS works hard to provide creative financial alternatives for acquiring equipment.

No Middle-Men

We specialize in financing or leasing the difficult to finance customer.  Whether it’s due to a recent Leveraged Buyout, Emerging Growth, Startup, Private Equity Acquisition, Spinoff, Consolidation or an old fashion turnaround – we get a lot of deals done where others fail. We get you the best rates because you will always be working directly with IFS and not another entity.

Vendor Support

Our programs are based on fixed payments with 100% financing.  Additional advance for freight, tax and rigging can normally be rolled into the transaction.  Most vendor down payments can be funded by IFS on the client’s behalf; thus the maximum amount the client needs to put down is the nominal advance rental payment.

Business Details

a

Turnaround Situations

  • One-time, non-recurring events were the cause of the downturn
  • Proof of a turnaround, a return to profitability or narrowing losses has/is taking place.
  • Many deals get done with modest balance sheets
  • Essential use/mission critical equipment is most likely to be approved, and is often required

a

PE & Venture Capital

  • Significant negative tangible net worth with free cash flow available for debt or lease servicing
  • Evaluated on EBITDA vs. net income approach
  • Transactions completed with or without subordination of senior or mezzanine debt provided there is sufficient cash flow coverage for the new equipment

a

Bankruptcy

  • We specialize in dealing with companies that have gone through bankruptcy
  • IFS also funds companies in bankruptcy – Minimum $250,000 in equipment leasing requests
  • If still in bankruptcy, equipment must be mission critical and/or essential use

a

Startups & New Ownership

  • Typically provide leasing & financing for new entities whose ownership has significant experience in the industry and has solid pro-formas, business plans and start-up and working capital
  • Equipment capital minimum of $300,000 and must be a hard asset(s).
  • Minimum $300,000 in startup capital (minimum of 1:1 capital to equipment cost)

a

Leveraged Buyouts / Management Spinoffs

  • Transactions with subordinated debt to old shareholders or company
  • Long term sales & operations but new ownership control
  • Significant historical experience and sales

a

Entrepreneurial Development Stage Companies

  • Burn rates – Companies operating prior to full scale production with $3,000,000 minimum capital and sophisticated historical burn rate analysis
  • Without significant sales revenue or production