Connell
FINANCE COMPANY, INC.Equipment Leasing Company
Connell Equipment Leasing Company has been providing single investor lease financing for ‘middle market’ equipment to high quality domestic and international companies since 1982, and as a result of significant growth was established as a separate division of Connell Finance Company, Inc. in 1997.The company has tens of thousands of pieces of equipment on lease throughout the United States, Canada, Mexico, United Kingdom, Germany, France, Spain and Belgium. Connell Equipment Leasing is believed to be the largest independent financing source for material handling equipment and airport ground support equipment in the U.S. achieving annual equipment purchases in excess of $100 million.
Material handling equipment financed includes forklift trucks, cranes, wheel loaders, tractors, dozers, personnel carriers, automated guided vehicles, man-lifts, railcar movers, sweeper/ scrubbers and pallet trucks. Ground support equipment leased includes deicer trucks, jet tow tractors, baggage tractors, belt loaders, container/ pallet loaders, cabin service trucks, lavatory trucks, ground power units, pre-conditioned air units, and passenger boarding bridges. Connell Equipment Leasing focuses its customer base on industrial companies, automobile and related companies and airline and airport support companies. With sales offices located around the country, the company finances individual transactions from as small as $5,000 to annual programs as large as $35,000,000. Lease terms generally range from three to seven years.
Connell Equipment Leasing Company offers the following advantages over other leasing companies:
Holds all transactions:
Unlike the majority
of lessors in this business, Connell is a long
term investor that does not syndicate its
transactions to either institutional or individual
investors. Since the company holds all transactions
throughout the lease term it is able to consistently
provide lessees with substantial flexibility,
both during the lease term and at lease expiration.
Connell forms long term relationships with
customers and develops a partnership approach
to financing their capital equipment needs.
Exceptional Service:
Connell is very selective
with the credit quality of the companies it finances.
To attract and retain these quality companies, exceptional service is
provided and leasing programs are tailored to meet each individual company’s
financial and operational objectives.
Not manufacturer’s affiliate:
Connell is not
an affiliate of a manufacturer nor does it have
any alliances with equipment vendors. This
independence gives its customers the ability to
finance all equipment with one leasing company,
regardless of equipment manufacturer or dealer.
In-depth knowledge of equipment:
Due to its
extensive equipment knowledge Connell is able
to assist customers plan equipment acquisitions,
evaluate equipment models and specifications,
expedite equipment deliveries and ultimately
provide cost effective financing. Connell often
performs equipment surveys for its customers
to determine equipment utilization, equipment
application, hours of usage and quantity of equipment.
These surveys allow Connell to understand
and evaluate the overall condition, environment,
application and usage of customers’ equipment
and thus make informed recommendations for
proper lease terms and equipment selections.
Send your inquiries to:
equipment@connellco.com
