Harbor Point Equipment Finance Launches New Platform
Harbor Point Equipment Finance, a newly established equipment finance platform, has officially launched, signaling a significant step forward for the equipment finance sector. This innovative company is dedicated to providing essential capital to the industry across various asset types.
Strategic Focus on Equipment Portfolios
The primary mission of Harbor Point is to acquire both seasoned performing and under-performing equipment lease and loan portfolios. This is particularly aimed at banks and equipment finance providers looking to exit specific business segments. Strategies may include generating liquidity, reducing financial leverage, or simply mitigating operational risks.
Origination and Servicing of Equipment Financing
Beyond acquisition, Harbor Point also offers services to originate equipment leases and loans. They plan to provide additional services such as syndication and the comprehensive servicing of lease and loan portfolios to ensure their clients’ needs are met effectively.
Experienced Leadership at the Helm
Harbor Point boasts an experienced leadership team, drawing on deep expertise in both equipment finance and asset management. The team has successfully acquired and managed over $2 billion in equipment finance portfolios. Gary Silverhardt, the President and CEO, leads the group, bringing with him nearly 35 years of experience in the equipment finance industry.
Commitment to Customer Service
According to Mr. Silverhardt, the focus at Harbor Point is on "precision, reliability, and customer service." Their approach ensures that businesses can manage liquidity and optimize their capital effectively. The team prides itself on executing deals rapidly and efficiently, emphasizing quick analysis, negotiation, and closure without unexpected challenges. "Our clients can trust us to be reliable, fair, and decisive in every aspect of their transactions," he noted.
About Harbor Point Equipment Finance
Harbor Point Equipment Finance specializes in providing critical capital to the equipment finance industry through a variety of asset types. Their focus on both seasoned and under-performing lease and loan portfolios, along with the origination of new equipment leases and loans, positions them as a vital player in the market. Headquartered in Connecticut, Harbor Point aims to drive innovation in the finance space.
For inquiries or to connect with the executives at Harbor Point, Josh Rothman serves as the Chief Operating Officer. He can be reached directly by phone. Their commitment to transparency and service is evident in their approach to working with clients in this evolving sector.
Frequently Asked Questions
What is Harbor Point Equipment Finance?
Harbor Point Equipment Finance is a new platform focused on providing capital to the equipment finance industry, including acquiring equipment leases and loans.
What types of portfolios does Harbor Point target?
The company seeks to acquire both performing and under-performing equipment lease and loan portfolios from financial institutions.
Who leads Harbor Point Equipment Finance?
The company is led by Gary Silverhardt, who brings 35 years of experience in equipment financing, alongside COO Josh Rothman with over 20 years in the sector.
What services does Harbor Point offer?
In addition to acquiring portfolios, they offer equipment lease and loan origination, syndication, and servicing of financial portfolios.
How can businesses connect with Harbor Point?
Businesses interested in learning more can reach out directly to the company’s leadership for discussions on financing solutions.
