Hot Listing

Established Business Equipment Leasing Service

Asking Price$220,000

Cash Flow

EBITDA$144,000

Gross Revenue$144,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave
Hot Listing

Established Business Equipment Leasing Service


Asking Price$220,000

Cash Flow

EBITDA$144,000

Gross Revenue$144,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
National specializes in providing equipment financing and leasing solutions to businesses of all sizes. The company acts as a trusted intermediary, connecting clients with the right funding structures to acquire the equipment they need — from machinery and vehicles to technology and commercial assets.

Day-to-day operations are efficiently managed by the owner with the support of one part-time administrator and one part-time bookkeeper/accountant. The proprietary Vendor Portal streamlines contract generation and record-keeping, making this business highly manageable without a large staff.

The business maintains a particularly strong footprint in Michigan while regularly closing transactions for clients throughout the country. Since 1988, NELC has enjoyed a consistent pattern of repeat business — with the average client returning multiple times over the company's history, and many returning more than once within a single year. In an industry built on trust and relationships, this kind of repeat engagement is a direct reflection of the reputation NELC has earned over nearly four decades.
About the Business
Years in Operation
38
Employees
3 (1 Full-time, 2 Part-time)
Transaction Manager: Documentation Preparation and transaction workflow. Accoun
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
National Equipment Leasing Corporation (National) is a fully established, home-based equipment financing and leasing company serving businesses across the U.S. with a strong concentration in Michigan. Founded in 1988, National has built more than three decades of operational history, client relationships, and industry expertise — all within a remarkably lean and profitable business model.
WHAT'S INCLUDED IN THE SALE
Complete client list & all records
Complete vendor list & records
Our valued & diversified funding partners and their guidelines
Strong banking lending relationship.
Proprietary Vendor Portal CRM software
A professional virtual attendent greets and routes callers to phones you assign. Sales, customer service and other departments will be transferred directly to where and whom you wish, simply.
Premium domain: nelc.com (and nelc.biz & nelc.co)
Business name & brand assets
Business library (very detailed) with forms, contracts & templates

Website
http://www.nelc.com
Market Outlook / Competition
According to Collonade a M&A specialist "Small ticket equipment finance and leasing companies are a significant source of funding for capital equipment. The small ticket equipment finance/leasing segment accounting for about one-third of the total $1 trillion of annual equipment leasing and finance volume in the United States. These lenders/lessors focus on transactions of $250,000 and below (including “micro-ticket” deals of under $25,000). The participants in this sector of the commercial finance market are surprisingly diverse, ranging from major banks to nimble independent firms. Go-to-market strategies vary as well – most firms in the sector originate through channel partnerships with equipment manufacturers and vendors, but some firms use direct sales methods or a broker network."

National's focus is small ticket equipment leasing. The niche has served us well.
Opportunities for Growth
I have told representatives of National that we have to much opportunity. Each of our underwriters provide a wide and full opportunity onto themselves. Together they provide answers for practically all client credit and financing needs and provide thorough solutions for our vendor partners.
About the Sale
Seller Motivation
Retirement
Transition Support
Training, mentorings and support is available directly by the owner and ongoing support by our underwriting partners.
Listing Info
ID
2467925
Listing Views
36
Attached DocumentsAttachment Disclaimer

LOGO NELC .doc


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Business Listed by: Mark Goldi

Listing ID: 2467925 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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