Milestone Bank Logo

Company Info

310 S Main St, Ste 900
Salt Lake City, UT 84101

Gary Harding

Primary Contact

Charli Steed

Alternate Contact
Milestone Bank is a:
Last Update: 03/07/2025

Core Business Focus

Milestone Bank is a national equipment finance provider (leasing) and SBA 7(a) lender.

Company Type

Bank

Type of Funding Source/Buyer

Lender

Annual Volume Funded

250-500 Million

Credit Criteria

  • Lower Middle Market
  • Middle Market
  • Municipal / Government
  • Near Investment Grade

Transaction Size

Highest

Average

Lowest

$5,000,000.00

$2,000,000.00

$500,000.00

Lease Terms

Longest

Average

Shortest

60

48

12

Lease Structures

  • Operating Lease
  • Sale / Leaseback
  • TRAC
  • Vendor Finance

Originates Paper?

No

Syndicates/Sells Paper?

No

Equipment Types We WILL Finance

  • Agricultural
  • Aircraft
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Graphic Arts
  • Intermodal
  • Laundry / Drycleaning
  • Machine Tool
  • Marine
  • Material Handling
  • Medical
  • Mining
  • Modular Buildings
  • Oil and Gas
  • Packaging / Plastics
  • Rail
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Software
  • Technology
  • Utility
  • Waste Removal

Equipment Types We WILL NOT Finance

  • Automobile
  • Gaming
  • Project Finance
  • Restaurant
  • Retail
  • Trucks and Trailers

Our Company is a(n):

Asset-Based and Credit Lender

Accepts Soft Assets?

Yes

ELFA Business Councils

Bank

Start of the Fiscal Year

January