Channel

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Company Info

Channel is a:
Last Update: 02/26/2025

Core Business Focus

Based in Minnetonka, MN, Channel is a leading provider of small business equipment financing and unsecured working capital solutions. Channel utilizes customized technology, data analytics and business processes to deliver commercial finance products to small businesses exclusively through partnerships with equipment finance companies. Since its founding in 2009, Channel has funded $2.7 billion-plus to more than 27,000 businesses through over 41,000 transactions. Channel is one of a limited number of full-service, non-bank, small business lenders successfully filling the gap in small business credit availability.

Company Type

Independent

Type of Funding Source/Buyer

Lender

Annual Volume Funded

100-250 Million

Transaction Size

Highest

Average

Lowest

$250,000.00

$50,000.00

$5,000.00

Lease Terms

Longest

Average

Shortest

84

52

24

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - Channel originates its loans exclusively through relationships with equipment finance companies. We will sell transactions that do not meet our credit standards or exceed our exposure guidelines.

Equipment Types We WILL NOT Finance

  • Agricultural
  • Aircraft
  • Automobile
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Gaming
  • 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

Industry Financing Preferences

Top industries include: Construction Transportation/Logistics Specialty Contractors Manufacturing Medical Dental Franchises Auto Repair Restaurants Service Related

Our Company is a(n):

Credit Lender

Accepts Soft Assets?

Yes - We fund all types of project soft costs for customers of equipment finance companies.

ELFA Business Councils

Small Ticket

Start of the Fiscal Year

January