AvTech News
AvTech News
KBRA Assigns Preliminary Ratings to Avid Automobile Receivables Trust
Salt Lake City – Avid Acceptance, LLC (“Avid” or the “Company”) announced that Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to five classes of notes issued by Avid Automobile Receivables Trust 2019-1. Class Preliminary Rating Initial Principal Balance...
$659,000 Financed for Payment Card Solution Business
AvTech Capital is pleased to announce a $659,000 financing transaction for electronic chip and manufacturing equipment for a business in Colorado. The equipment is unique to this industry and helps separate this business from their competitors. AvTech Capital...
$565,000 Furniture & Buildout for Property Management Company
AvTech Capital is pleased to announce a $565,000 financing transaction for a California real estate management company. This company develops and manages multifamily communities throughout the United States. The money was used for furniture and a buildout of ...
3rd Financing Schedule Completed for Texas Energy Company
AvTech Capital is pleased to announce a $110,000 financing transaction for a wind energy maintenance company. This completes the company's 3rd leasing schedule with AvTech Capital. This business operates in Texas and throughout the midwestern United States providing...
$213,000 Financing Transaction for Texas Oil & Gas Company
AvTech Capital is pleased to announce a $213,000 financing transaction for a Texas oil and gas company. This lease was used for modular buildings used by the company employees for operations. AvTech Capital provides businesses a financing relationship that they can...
$500,000 Nevada Gas Station/C-Store Financing Transaction
AvTech Capital is pleased to announce a $500,000 financing transaction for a Point of Sale system and Car Wash System. This business operates a Gas Station/C-Store in Southern Nevada. AvTech Capital provides businesses a financing relationship that they can trust. We...
$250,000 Funded for Greenhouse Nursery Equipment
Greenhouse Financing: AvTech Capital is pleased to announce a $250,000 greenhouse financing transaction for a large grower in Texas. This lease was used for greenhouse equipment and refrigerated containers. AvTech Capital has financed multiple lease schedules for...
$600,000 Transportation Financing Transaction
Truck Leasing Transaction: AvTech Capital is pleased to announce a $600,000 truck leasing transaction for a transportation business in Louisiana. This lease was used for purchasing trucks to add to the company's fleet. AvTech Capital has financed multiple lease...
$3,000,000 Dairy Farm Financing Transaction
Dairy Farm Financing: AvTech Capital is pleased to announce a $3,000,000 dairy farm financing transaction for a large farm in the greater Washington D.C. area. This lease was used for roofing and production upgrades of the farm. This was AvTech Capital's first...
6th Industrial Finance Schedule Completed with Alaska Corporation
Industrial Financing: AvTech Capital is pleased to announce a $175,000 multi-industry financing transaction for a large corporation in Alaska. This lease was used for essential yellow iron and vehicle purchases. AvTech Capital has financed 6 lease schedules for this...
$705,000 Card & Chip Manufacturing Equipment Lease Transaction
Card & Chip Manufacturing Financing: AvTech Capital is pleased to announce a $705,000 card and chip manufacturing financing transaction for a publicly traded company in Minnesota. The lease was funded progressively to allow for delivery, installation, and...
$1,118,300 Lease for Card Solutions Company
Card Solutions Leasing: AvTech Capital is pleased to announce a $1,118,300 leasing transaction for a card solutions manufacturing company. This lease was for a reimbursement of expenses incurred by the business in buying additional expansion equipment which will...
7th Lease Schedule of $1.6 Million Funded for Manufacturing Equipment
Automation Manufacturing Leasing: AvTech Capital is pleased to announce a $1,600,000 leasing transaction for a Texas manufacturing company. This lease was for manufacturing equipment used to build automation equipment production capacity. AvTech Capital has financed 7...
$2,571,875 Skin Cancer Treatment Center Financing
Cancer Treatment Center Financing: AvTech Capital is pleased to announce a $2,571,875 healthcare treatment center leasing transaction. This lease was used for funding equipment for skin cancer treatment to be used in 7 new treatment centers throughout Texas, Illinois,...
$2,726,242 Optical Component Manufacturing Equipment Lease
Optical Component Manufacturing Equipment Lease: AvTech Capital is pleased to announce a $2,726,242 leasing transaction for an optical component manufacturing equipment company. This lease was used to pay off existing equipment leases the company had acquired with a...
$400,000 Auto Sales Industry Leasing Transaction
Auto Sales Industry Leasing: AvTech Capital is pleased to announce a $400,000 leasing transaction for an auto sales company. This lease was for purchasing a fleet of vehicles for the employees use. This is the first transaction that AvTech Capital has financed with...
AvTech Capital $2,000,000 Shipping Container Financing Transaction
AvTech Capital is pleased to announce a $2,000,000 financing transaction for a shipping and logistics business in Ohio. This business needed two hundred 53 ft. shipping containers, to be used on rail lines throughout the United States, to first be purchased from a...
Avid Acceptance, LLC Announces Warehouse Facility with Capital One
SALT LAKE CITY--(BUSINESS WIRE)--Avid Acceptance, LLC (“Avid” or the “Company”) today announced the completion of an asset-backed warehouse facility with Capital One, N.A. The facility was established to provide additional liquidity to support the Company’s short-term...
Avid Acceptance’s Inaugural Securitization Upgraded
Salt Lake City –Avid Acceptance, LLC (“Avid” or the “Company”) announced that Kroll Bond Rating Agency (KBRA) has issued a credit upgrade to the Company’s $114 million inaugural securitization, issued in January 2018, by upgrading the Class A note rating from A to A+....
Avid Acceptance, LLC Announces Warehouse Facility with JPMorgan Chase
Financial News SALT LAKE CITY--(BUSINESS WIRE)--Avid Acceptance, LLC (“Avid” or the “Company”) today announced the completion of an asset-backed warehouse facility arranged by JPMorgan Chase Bank, N.A. The facility was established to provide additional liquidity to...
What You Need to Know About Business Equipment Leasing
AvTech Capital offers a comprehensive set of customer-focused leasing solutions to finance your new business equipment. We simplify the process of equipment financing so you can concentrate on growing your company. We offer complete equipment leasing services for the...
$1 Million In Asset Financing For Idaho Farm Expansion
Utah Equipment Leasing Firm Provides Financing for Agriculture Equipment Needed for Idaho Farm’s Expansion of Operations. AvTech Capital announced today that it has committed $1 million in financing for potato growing, harvesting, manufacturing and transportation...
Aircraft Lease for Minnesota-Based Air Charter Firm
Utah-Based Equipment Leasing Firm Continues Its Commitment to Providing Financing to the Aviation Industry with Aircraft Lease for Air Charter Firm Based in Minnesota. AvTech Capital announced today that it has closed an aircraft lease for a large Minnesota-based...
$800,000 Grain Elevator Lease for Ohio Ethanol Company
Utah-Based equipment leasing firm provides $800,000 to ethanol company to finance grain elevator. AvTech Capital announced today that it has provided $800,000 in lease financing to a large Ohio-based Ethanol company for a grain elevator. The company’s operations...
$1.64 Million in Equipment Financing Transactions
Utah-Based equipment leasing firm, AvTech Capital, announces $1.64 million in equipment financing transactions. Salt Lake City, UT (March 31, 2015) – AvTech Capital announced today that it has closed $1.64 Million in equipment various financing transactions for...
$227,000 Software License Lease for an Equipment Rental Company
AvTech Capital is pleased to announce a $227,000 software license lease for an equipment rental company.The funding for this lease was for the software licensing agreements and implementation upgrading the current software systems. With the help of AvTech Capital, the...
$652,000 Agricultural Equipment Lease For Agricultural Equipment
AvTech Capital is pleased to announce a $652,000 agricultural equipment lease, added to the family of leases funded for a farm in Michigan. The equipment for this lease was used for new irrigation pivot equipment which is essential for maximum production of their...
3 Things Every Business Owner Needs to Know About Credit
So you started a business. With big dreams and aspirations for the growth and success of this business, you head off into the proverbial workforce sunlight, only then to feel the heat of that sun bearing down on you once reality sets in. You find yourself in need of...
Medical Equipment Financing Through AvTech Capital
If you’re looking for a medical equipment financing, you’re probably already aware of the high cost of healthcare technology and the difficulty of obtaining funding to acquire such devices. At AvTech Capital, we work with a wide range of clients, from technology...
Complete Guide to Multi-family Home Loan Programs in 2018
What are Multi-family Home Loans? Multi-Family Home Loans offer financing for the purchase of a multi-family property (small and large buildings with 2-4 livable units). Properties could also include condos, duplexes, townhouses, and other similar types of...
Everything You Need to Know About SBA Loans
If you’re looking for a loan to help jump start your small business, an SBA loan may just fit the bill. While loans from the Small Business Administration are actually offered through banks and other lenders, they are backed by the federal government. With this...
Private Investor Loans or Commercial Loans: Which Is Right for You?
If you are the owner of a business, large or small, it is not at all unusual for you to reach a point when you have to seriously consider growing that business. Yet, if you are without the capital needed for that growth, you might feel limited in your potential next...
Complete Guide to Owner-Occupied Commercial Loan Programs in 2018
What are Owner-Occupied Commercial Mortgage Loans Owner-occupied commercial loans are for borrowers who reside in at least 51% of a property's leasable space. The remaining space is occupied by the borrower's business and/or residential tenants. The borrower's...
Everything You Need to Know About Bridge Loans
If you need short-term financing for a business or residential property, a traditional mortgage or commercial loan isn’t the best course of action. Instead, you may want to consider a bridge loan, which is designed for temporary financial needs. Here’s the rundown on...
AvTech Capital Funds a $864,000 Healthcare Equipment Lease
AvTech Capital is pleased to announce a $864,000 healthcare equipment lease for a healthcare company that operates rehabilitation hospitals, located throughout the United States. This transaction served to cover the sale leaseback on beds, furniture, and IT hardware...
AvTech Capital Funds $215,000 Equipment Lease for Machinery Dealer
AvTech Capital is pleased to announce the closing of a $215,000 lease for an equipment and machinery dealer. The funds for this lease were used to build a new warehouse to expand the company’s parts department. AvTech's involvement in this transaction helped provide...
AvTech Capital Funds $236,000 Commercial Equipment Lease for New Rental Store
AvTech Capital is please to announce a $236,000 commercial equipment lease for a new rental store. The equipment for this lease was furniture, fixtures, and equipment needed for the completion of a new store. The financing of these build out costs were essential to...
AvTech Capital Funds $373,000 Equipment Lease for Private Equity Company
AvTech Capital is pleased to announce a $373,000 closing for a private equity company. The equipment for the lease was IT hardware, software, and office furniture for the corporate offices of the company. AvTech's personalized financing solutions ensured that this...
AvTech Capital Funds a $615,000 Transportation Lease
AvTech Capital is pleased to announce a $615,000 transportation and communications equipment lease for a regional airport in Pennsylvania. The equipment for this lease was used to purchase new service trucks, ground equipment and communications equipment for the...
AvTech Capital is Pleased to Announce a $509,000 Healthcare Equipment Lease
AvTech Capital is pleased to announce a $509,000 healthcare equipment lease for a healthcare company that operates hospitals located throughout the United States. This brokered deal required several progress payments to the vendor to lease a PACS System. This system...
AvTech Capital Announces a $500,000 Software Lease
AvTech Capital is pleased to announce a $500,000 software lease for a global non-profit assistance organization. This particular non-profit organization provides grants and services to promote economic growth and help individuals take ownership of their future. The...
AvTech Capital is Pleased to Announce an IT Equipment Lease for $162,000
AvTech Capital is pleased to announce an IT equipment lease for $162,000 for a Washington State school district. The financing for this deal covered the costs for new servers, pc’s, and monitors. The IT equipment was needed for a new technology lab at a high school...
AvTech Capital is Pleased to Announce a $214,000 Vehicle Equipment Lease
AvTech Capital is pleased to announce a $214,000 vehicle equipment lease for a commercial agricultural company that provides farm labor contracting services. This particular company offers all-inclusive benefits to the ranch and farmland crop production. AvTech...
AvTech Capital Announces a $1.02 Million Industrial Equipment Lease for a Recycling Company
AvTech Capital is pleased to announce a $1.02 million industrial equipment lease for a large, publicly traded, solid waste and recycling company. This company provides solid waste collection, recycling, and resource management services to various parts of the United...
AvTech Capital is Pleased to Announce a $930,000 Lease for a Rehabilitation Hospital
AvTech Capital is pleased to announce a $930,000 lease for a newly formed rehabilitation hospital. This hospital is one of several, owned by a company which operates multiple rehabilitation hospitals and long-term acute care facilities across the US. The lease was...
AvTech Capital Announces a $696,000 Aircraft Lease for an Aviation Company
AvTech Capital is pleased to announce a $696,000 aircraft lease for an aviation company that provides chartering, maintenance, management and sales in the aircraft industry. The company used this lease for the acquisition of a used Learjet to add to their fleet of...
AvTech Capital Announces a $282,000 Commercial Equipment Sale-Leaseback
AvTech Capital is pleased to announce a $282,000 sale-leaseback commercial equipment lease for a specialty product supplier in Los Angeles, California. The lease-back was used to purchase furniture, fixtures, and equipment needed for the completion of the company’s...
AvTech Capital Announces a $102,000 Manufacturing Equipment Lease
AvTech Capital is pleased to announce the closing of a $102,000 manufacturing equipment lease for a pharmaceutical manufacturing company in California. They reached out to AvTech Capital for the lease of an air-cooled scroll chiller. The client is working to update...
AvTech Capital Closes Manufacturing Equipment Lease of $193,000 for an Automotive Parts Manufacturer
AvTech Capital is pleased to announce a manufacturing equipment lease of $193,000 for an automotive parts manufacturer in Tennessee. This manufacturer specializes in automotive assemblies and engineered metal products with a turnkey operation of design engineering,...
AvTech Capital Announces a $351,000 Equipment Lease for a Ski Resort
AvTech Capital is pleased to announce a $351,000 equipment lease for a ski resort company in Pennsylvania. The lease covered the purchase of new snow groomer equipment. Having the skills necessary to complete this financing package, AvTech Capital was able to provide...
AvTech Capital Closes Second Lease for an Electronics and Metals Manufacturing Company
AvTech Capital is pleased to announce a second lease schedule for an electronics and metals manufacturing company based in Texas. The $171,000 lease was used to purchase a single beam lighting machine. AvTech provided deposit payments to the vendor while the equipment...
AvTech Capital Closes Three Lease Schedules for a Company in the Medical Services Industry
AvTech Capital is pleased to announce the closing of three lease schedules for a language translation company in the medical services industry. AvTech Capital has funded $2,000,000 to-date for this Lessee. The equipment for this particular lease was used to fund IT...
AvTech Capital Announces a $240,000 Equipment Lease for a Vocational School in Colorado
AvTech Capital is pleased to announce a $240,000 equipment lease for a vocational school in Colorado. This lease will be used to cover costs for hardware and software, exercise sciences equipment, and cosmetology upgrades. These additions will facilitate school...
AvTech Capital Announces a $420,000 Aircraft Lease for an Aviation Company
AvTech Capital is pleased to announce a $420,000 aircraft lease for an aviation company that provides chartering, maintenance, management and sales in the aircraft industry. The transaction was a sale leaseback for a 1972 Dassault Falcon 20F-5 that is part of the...
AvTech Capital Announces a $1,200,000 Healthcare Equipment Lease
AvTech Capital is pleased to announce a $1,200,000 healthcare equipment lease for a healthcare company that operates hospitals located throughout the United States. The client used AvTech's services to lease defibrillators and respirators located at seven of their...
AvTech Closes a $222,000 Commercial Equipment Lease for an Insurance Company in Pennsylvania
AvTech Capital is pleased to announce a $222,000 commercial equipment lease for an insurance company in Pennsylvania. The monies procured during the lease were used for the purchase of furniture, fixtures, and equipment needed for the completion of the company’s new...
AvTech Closes a $215,000 Lease for an Equipment and Machinery dealer
AvTech Capital is pleased to announce the closing of a $215,000 lease for an equipment and machinery dealer. The funds for this lease were used to build a new warehouse to expand the company's parts department. AvTech Capital’s involvement in this transaction helped...
AvTech Closes $487,000 Equipment Lease for a Crude Oil Processing Facility in Texas
AvTech Capital is pleased to announce a $487,000 manufacturing equipment lease for a crude oil processing facility in Texas. This company needed new boilers to help them expand their current operations, efficiency, and product development. AvTech Capital provided...
AvTech Completes Medical Equipment Lease Transaction with Specialized Spinal Technology Company
AvTech Capital is pleased to announce the closing of a medical equipment lease transaction with a specialized spinal technology company based in OH. The $520,000 lease was used for the purchase of smaller imaging equipment, surgical instruments and other durable...
AvTech Capital Closes a $286,000 Equipment Lease for a Hospitality Group in Ohio
AvTech Capital is pleased to announce the closing of a $286,000 equipment lease for a hospitality group in Ohio. The equipment for this lease covered furniture, fixtures and equipment, for different segments of the business. These leased items covered needs in their...
AvTech Capital Completes $718,000 Equipment Lease for a Waste Management Company
AvTech Capital is pleased to announce the closing of a $718,000 manufacturing equipment lease for a waste management company. The equipment for this lease was a twin screw extruder. This new equipment is helping the client update their equipment technology and expand...
AvTech Capital Closes Mining Deal for $306,897
AvTech Capital is pleased to announce a $306,897 deal for a mining company based in Oklahoma. The monies procured through this transaction were used to purchase equipment that will allow the company to support the growth they’ve experienced. AvTech Capital's team...
AvTech Capital Funds $400k+ for Convenience Stores in Ohio
AvTech Capital is pleased to announce a $415,536 deal which assisted in the rebranding efforts of several convenience stores and gas stations throughout Ohio. The funding was used to purchase new signage and gas pumps, as well as an upgrade of the controls across...
Porsche Restoration Seeks Funding from AvTech Capital
AvTech Capital is pleased to announce their involvement in a $216,510 purchase of a 3D printer for a company who specializes in the restorations and modifications of Porsche 911 vehicles for their worldwide clientele. AvTech was excited to be a part of such a unique...
AvTech Capital Closes $322,000 in Telecommunications Funding
AvTech Capital is pleased to announce a $322,788 deal for a telecommunications company that provides wireless tower services. The funding was used to purchase machinery for the installation of underground utilities. AvTech's team was focused as they finalized this...
AvTech Capital Funds $318,000 for Medical Equipment
AvTech Capital is pleased to announce a $318,000 sale leaseback for medical equipment critical to the operations in a new facility, which opened in June of 2016. AvTech's team is well-versed in the medical financing genre and closed the transaction quickly, allowing...
AvTech Capital Specialized Equipment for a Manufacturing Company
AvTech Capital is pleased to announce a $783,895 funding, servicing a manufacturing plant based in South Carolina. The manufacturer specializes in providing the hotel industry with products such as plastic cups. This company required monies to purchase specialized...
AvTech Capital Provides over $156 Thousand for Oil and Gas Industry
AvTech Capital is pleased to announce a $159,508 funding which allowed a prominent Oil & Gas company to purchase needed engineering, consulting, and construction services. Part of the financing was used to purchase forklifts and trucks to expand their operations....
AvTech $3 Million+ Deal for a New Amusement Park in Kentucky
AvTech Capital is pleased to announce a $3,103,925 deal which facilitated the acquisition of floor coach buses for a new amusement park. These funds covered the expense of the buses, as well as the delivery across the country. All transactions progressed competently,...
AvTech Capital Provides Sale Leaseback for Cessna Airplane
AvTech Capital is pleased to announce a $495,000 sale leaseback for the procurement of a Cessna Model 550 airplane used by the company as a corporate aircraft. This plane will allow the company to effectively oversee and manage their operations on a larger scale....
Over $1 Million in Financing for Rapid Growth of IT Company
AvTech Capital is pleased to announce a $1,162,413 deal for a merchant services provider. This provider assists companies through the development aspect of their business. The funds from this deal were used to purchase IT equipment, amongst other office needs, as they...
AvTech Helps with Expansion for a Group of Hospitals in Arizona
AvTech Capital is pleased to announce a $400,000 deal, which is the first installment in a series of approved funding for a large hospital group based in Arizona. The hospital now has the ability to proceed with the expansion and renovation plans they have to improve...
AvTech Capital Provides 8th Lease for Meat Processing Company
AvTech Capital is pleased to announce a $1.1 Million deal, which will mark the 8th transaction between AvTech Capital and this client. This twelve year, successful relationship has assisted this customer in maintaining the growth of their large meat processing plant...
AvTech Capital Provides Over $200,000 for an Energy Generating Corporation
AvTech Capital is pleased to announce a $232,189 transaction for a corporation primarily responsible for electricity generation and fuel distribution to several clients in the travel and tourism industry. AvTech Capital provided a lease line of credit, which allowed...
AvTech Provides $200,000 in Financing for Athletic Club
AvTech Capital is pleased to announce their involvement in a $200,000 transaction, which aided an athletic club in purchasing new weight room equipment. This is the second deal for this client, who didn’t hesitate to contact AvTech when they made the decision to...
AvTech Capital Provides $417K Financing for Aircraft
AvTech Capital is pleased to announce the funding of a $417,000 transaction. The money was used by a large corporation to purchase aircraft which will be added to the company’s fleet and used primarily for business travel. AvTech Capital has extensive experience in...
AvTech Capital Helps Food Processing Company Increase Production with $395K
AvTech Capital is pleased to announce a $395,000 transaction, which allowed a prominent food processing company to obtain the funds needed to increase operations, capacity, and production. This company was able to update machinery and add to their freezer capability....
AvTech Capital’s $2 Million Transaction for Large Hospital
AvTech Capital is pleased to announce a $2 million deal to assist a large hospital in updating surgical rooms. This is part of a multiple schedule transaction between AvTech Capital and this client. AvTech has decades of experience in assisting healthcare providers...
IT Equipment Financed by AvTech Capital for a Medical School
AvTech Capital is pleased to announce a $1.5 million deal which provided the capital needed to purchase IT equipment for a medical school. The funds were also used to purchase furniture and a phone system, amongst other essential needs. AvTech Capital is pleased to be...
AvTech Capital Funds Over $1.2 Million for School District’s Lap Tops
AvTech Capital is pleased to announce a $1,242,275 deal to fund laptops and software licenses for a large school district. Understanding the complex structural needs of education departments allowed AvTech to provide a superior customer experience on this transaction.
$500K Purchase of Dump Trucks for Equipment Rental Company
AvTech Capital is pleased to announce a $500,000 deal for the acquisition of new dump trucks to add to their fleet of vehicles. This is follow-on financing to a transaction previously completed with AvTech Capital. Having a close, personal relationship with their...
AvTech Capital Funds Over $300,000 for School
AvTech Capital is pleased to announce a $311,618 funding for portable classrooms. This transaction provided the capital needed for a public school to meet their growing enrollment needs. AvTech Capital not only funded the classrooms but all of the construction work...
Major Wireless Provider Seeks Funding from AvTech Capital
AvTech Capital is pleased to announce the funding of a $650,000 deal with a major wireless provider. The company approached AvTech seeking capital for new stores to accommodate the rapid growth they were experiencing. AvTech's expert team handled the deal quickly and...
Continued Growth for an Emerging Leader in the Equipment Rental Industry
This family owned business started in 1988 and has grown exponentially over the last 5 decades. They have been working closely with AvTech Capital over several schedules to acquire $9,000,000.00 in funding for dozens of large pieces of equipment. This transaction is...
$1.3M Funded for a Rapidly Expanding Payment Processing Business
The $1.3M funding provided on this transaction was used to build out and furnish an existing building in an effort to handle the growth of the company. When AvTech Capital was able to develop a relationship with this highly successful industry leader and well...
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