Prime Alliance Bank
Company Info
1868 South 500 West
Woods Cross, UT 84087
Woods Cross, UT 84087
Steven Sellers
Primary Contact
Charles Robinson
Alternate Contact
Prime Alliance Bank is a:
Last Update: 02/13/2025
Core Business Focus
Prime Alliance Bank is a commercial bank with its primary business line being commercial leasing across the Country.
Company Type
Bank
Type of Funding Source/Buyer
Investor, Lender
Annual Volume Funded
250-500 Million
Credit Criteria
- HLT
- Investment Grade
- Lower Middle Market
- Middle Market
- Municipal / Government
- Near Investment Grade
- Start-ups / Venture
Transaction Size
Highest
Average
Lowest
$10,000,000.00
$3,000,000.00
$500,000.00
Lease Terms
Longest
Average
Shortest
84
48
12
Lease Structures
- Debt
- Leveraged Lease
- Operating Lease
- Real Estate
- Sale / Leaseback
- TRAC
- Vendor Finance
Originates Paper?
No
Syndicates/Sells Paper?
Yes
- On transactions where we need to limit our exposure, we will bring in a participant partner.
Equipment Types We WILL Finance
- Agricultural
- Aircraft
- Automobile
- 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
- Project Finance
- Rail
- Recreation / Fitness
- Recycling
- Renewable Energy
- Restaurant
- Retail
- Software
- Technology
- Trucks and Trailers
- Utility
- Waste Removal
Equipment Types We WILL NOT Finance
- Gaming
Industry Financing Preferences
We consider multiple industries.
Our Company is a(n):
Credit Lender
Accepts Soft Assets?
Yes
Lessor/ Broker Requirements
If we plan to do consistent volume with a lessor/broker, we will require financial statements. We also expect them to service the lease. We strongly prefer payments via ACH directly to our bank. We review and approve the lessor/broker's documents.
ELFA Business Councils
Bank
Start of the Fiscal Year
January