BankFinancial, NA
Company Info
1560 North Frontage Road
Burr Ridge, IL 60527
Burr Ridge, IL 60527
Marci Slagle
Primary Contact
Judy Hill
Alternate Contact
BankFinancial, NA is a:
Last Update: 02/28/2025
Core Business Focus
Whether you're a small business or large global company, our expert team offers customized credit solutions for your business. Equipment Finance operates within the secondary market through the lessor network. As a result, we are not competing for your lessees like some of our competitors. Our Management Team has over 75 years of combined experience in structuring and providing various types of financing including direct commercial, equipment, software, maintenance, lines of credit and others.
Company Type
Bank
Type of Funding Source/Buyer
Lender
Annual Volume Funded
100-250 Million
Credit Criteria
- Investment Grade
- Lower Middle Market
- Middle Market
- Near Investment Grade
Transaction Size
Highest
Average
Lowest
$25,000,000.00
$5,000,000.00
$10,000.00
Lease Terms
Longest
Average
Shortest
84
48
12
Lease Structures
- Conditional Sale / Money-Over-Money
- Debt
- Equity
- Leveraged Lease
- Operating Lease
- Sale / Leaseback
- Vendor Finance
Originates Paper?
No
Syndicates/Sells Paper?
No
Equipment Types We WILL Finance
- Agricultural
- Aircraft
- Broadcast / Video
- Buses
- Cable / Communications
- Construction
- Furniture / Fixtures
- Gaming
- Graphic Arts
- Intermodal
- Laundry / Drycleaning
- Machine Tool
- Material Handling
- Medical
- Mining
- Modular Buildings
- Oil and Gas
- Packaging / Plastics
- Project Finance
- Recreation / Fitness
- Recycling
- Renewable Energy
- Restaurant
- Retail
- Software
- Technology
- Utility
- Waste Removal
Equipment Types We WILL NOT Finance
- Automobile
- Emergency Vehicles
- Marine
- Rail
- Trucks and Trailers
Industry Financing Preferences
Construction, Furniture/Fixture, Machine Tool, Material Handling, Medical, Packaging/Plastics, Renewable Energy, Software and Technology
Our Company is a(n):
Asset-Based and Credit Lender
Accepts Soft Assets?
Yes
- 20% of collateral
Lessor/ Broker Requirements
*Minimum of $10MM in Revenue *Minimum Two Years in Business *Positive Net Income for at least Two of the last Three years. *Debt Service Coverage of 1.25x or Higher *Net Worth of Not Less than 2.5mm (Structured Deals May be Considered) *Reviewed or Better Financial Statements *Positive Working Capital
ELFA Business Councils
Bank
Start of the Fiscal Year
January