U.S. Bank
Company Info
13010 S.W. 68th Parkway
Portland, OR 97223-8369
Portland, OR 97223-8369
Louis Zangara
Primary Contact
Richard Padgett
Alternate Contact
U.S. Bank is a:
Last Update: 01/25/2023
Core Business Focus
U.S. Bank Equipment Finance, Inc. (“USBEF”) is a subsidiary of U.S Bancorp (NYSE:USB) which is the fifth largest commercial bank in the US with over $321 Billion in assets. At USBEF we’re committed to providing you with quality capital markets solutions. For more than 40 years, USBEF has proudly serviced as a major funding source for companies in virtually every industry sector nationwide.
Company Type
Bank
Type of Funding Source/Buyer
Packager, Investor, Lender
Annual Volume Funded
3.6 Billion - 5 Billion
Credit Criteria
- Investment Grade
- Near Investment Grade
Transaction Size
Highest
Average
Lowest
$50,000,000.00
$10,000,000.00
$3,000,000.00
Lease Terms
Longest
Average
Shortest
120
60
36
Lease Structures
- Conditional Sale / Money-Over-Money
- Debt
- Equity
- Leveraged Lease
- Tax-Exempt Municipal Lease
- Operating Lease
- Sale / Leaseback
- TRAC
- Vendor Finance
Originates Paper?
Yes
Syndicates/Sells Paper?
Yes
- Our Syndication Sales staff supports our national sales force.
Equipment Types We WILL Finance
- Agricultural
- Aircraft
- Broadcast / Video
- Buses
- Construction
- Emergency Vehicles
- Gaming
- Furniture / Fixtures
- Intermodal
- Graphic Arts
- Laundry / Drycleaning
- Machine Tool
- Marine
- Material Handling
- Medical
- Mining
- Modular Buildings
- Project Finance
- Rail
- Recreation / Fitness
- Recycling
- Renewable Energy
- Restaurant
- Software
- Technology
- Trucks and Trailers
- Utility
- Waste Removal
Equipment Types We WILL NOT Finance
- Automobile
- Cable / Communications
- Oil and Gas
- Packaging / Plastics
- Retail
Accepts Soft Assets?
Yes
Lessor/ Broker Requirements
We purchase transactions from established and approved sources such as leasing companies, finance companies and banks.
ELFA Business Councils
Bank
Start of the Fiscal Year
January