Summit Funding Group, A First Financial Bank Company

Summit Funding Group, A First Financial Bank Company Logo

Company Info

4680 Parkway Dr. , Suite 300
Mason, OH 45040

Ricky Ross

Primary Contact
(513) 489-1222
[email protected]

Richard Ross

Alternate Contact
(513) 489-1222
[email protected]
Summit Funding Group, A First Financial Bank Company is a:
Last Update: 03/05/2025

Core Business Focus

We are continuing to build our portfolio by providing equipment financing and remarketing services for a wide variety of assets for lower middle market to investment grade clients. We buy and sell transactions and are able to price in substantial residuals on hard assets. We also assist investing partners in portfolio evaluation and management.

Company Type

Bank

Type of Funding Source/Buyer

Agent, Investor, Lender, Packager

Annual Volume Funded

250-500 Million

Credit Criteria

  • HLT
  • Investment Grade
  • Lower Middle Market
  • Middle Market
  • Near Investment Grade

Transaction Size

Highest

Average

Lowest

$30,000,000.00

$1,000,000.00

$100,000.00

Lease Terms

Longest

Average

Shortest

84

42

12

Lease Structures

  • Debt
  • Leveraged Lease
  • Operating Lease
  • Vendor Finance

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - We will sell transactions when we have reached our exposure limit with a customer of ours. We will also sell transactions due to over concentration of a particular asset in our portfolio. We also sell transactions that may not fit our investment parameters but are market acceptable.

Equipment Types We WILL Finance

  • Agricultural
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Graphic Arts
  • Machine Tool
  • Marine
  • Material Handling
  • Medical
  • Packaging / Plastics
  • Project Finance
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Retail
  • Software
  • Technology
  • Trucks and Trailers
  • Utility
  • Waste Removal

Equipment Types We WILL NOT Finance

  • Aircraft
  • Automobile
  • Gaming
  • Intermodal
  • Laundry / Drycleaning
  • Mining
  • Modular Buildings
  • Oil and Gas
  • Rail
  • Restaurant

Industry Financing Preferences

Rental houses, technology, material handling, manufacturing, all users of hard assets, telecommunications, machine tool, etc.

Our Company is a(n):

Asset-Based and Credit Lender

Accepts Soft Assets?

Yes - We will finance soft assets along with hard assets as part of a transaction or for BBB credit rating Soft asset financing commensurate with credit.

Lessor/ Broker Requirements

Very flexible.

ELFA Business Councils

Bank, Independent, Small Ticket, Captive and Vendor Finance

Start of the Fiscal Year

January