DEBT PLACEMENT SERVICES
When the current commercial lender tells a company to leave the bank, 1st Star Alacer LLC provides a path to a safe exit. Finding alternative funding options is a challenge for companies that do not fit into the traditional credit box.
1st Star Alacer will happily arrange an Industrial Equipment loan and lease options, allowing time for restructuring or sale.
​
Equipment Financing
1st Star transitional lending products help those companies in need of financing to span any need, including while in growth or distressed mode:
-
Collateral: Industrial Machinery and Equipment.
-
Speed: Typically funds in 6 to 8 weeks.
-
Uses: Working capital, refinance of existing bank, share purchase, and equipment acquisition.
​
1st Star utilizes our Appraisal Staff, which has extensive experience evaluating collateral for these types of transactions. 1st Star provides the requisite time for our Clients to execute strategic alternatives such as acquiring assets, selling the company, or right-sizing the ship to move back to more traditional lending Institutions.