Traditional bankers and leasing companies understand the value of backhoes, dump trucks, harvesters, tractors, and other common equipment. Railroad equipment presents some challenges in financing. But what is the collateral value for a 35-year old, rebuilt switching locomotive? And what is the resale market for that locomotive? And if you must start the equipment lender conversation by answering the question, “what is a hi-rail truck?” you’re probably having the wrong conversation. Let SRF help.
SRF has been bridging the gap between the railroad industry and lenders for over 25 years. We’ve come a long way from our first finance project—to secure financing for a small fleet of used boxcars for a short line to now being approved by the USDOT to provide asset valuations for federal rail loan programs. So, whether you are looking to finance your next acquisition, or you seek to refinance and restructure your equipment pool or establish a collateralized revolving equipment line of credit, give SRF a call.
Few projects are too small or too large. Our team has helped finance everything from single pieces of maintenance-of-way equipment to whole locomotive fleets, with total equipment financings exceeding $2 billion. With our extensive network of finance partners, we can help with the most challenging equipment finance solutions.
• Asset valuation
• Lease financing
• Equipment pool refinancing and restructuring
• Collateralized revolving credit facilities