#United States #Stamford #Harbor Point #Equipment Finance

Harbor Point Equipment Finance Launch Announcement

On December 5, 2024, Harbor Point Equipment Finance officially debuted its innovative equipment finance platform, specifically designed to meet the diverse needs of the equipment finance industry. Based in Stamford, Connecticut, the new firm seeks to streamline capital access for businesses involved in equipment leasing and financing.

Focus on Capital Provisioning

Harbor Point offers a unique proposition by focusing on acquiring seasoned as well as under-performing equipment lease and loan portfolios. This strategy targets banks and existing equipment finance providers looking to exit specific segments of their operations for various strategic reasons, such as improving liquidity, reducing leverage, or managing inherent risks associated with their portfolios.

Additionally, Harbor Point aims to originate its own equipment leases and loans, further enhancing the options available for capital-seeking businesses. The company also provides comprehensive syndication and servicing of lease and loan portfolios, catering to the specific needs of its clients.

Experienced Leadership Team

At the helm of Harbor Point is President and CEO Gary Silverhardt, a seasoned professional with around 35 years of experience in the equipment finance landscape. His extensive background includes owning and operating multiple equipment finance platforms, which has given him invaluable insights into the industry's dynamics. Joining him is Chief Operating Officer Josh Rothman, who showcases over 20 years of experience within the sector.

Silverhardt emphasizes the company's commitment to precision, reliability, and outstanding customer service. He states, "Harbor Point is dedicated to helping businesses manage liquidity and optimize capital. We execute deals quickly and efficiently—our team analyzes, evaluates, negotiates, and closes on portfolios fast and without surprises. Count on us to be reliable, fair, and decisive in every aspect of the transaction."

Harbor Point aims to differentiate itself in the competitive equipment financing landscape by focusing on rapidly closing deals while ensuring that clients receive a high level of service throughout the process. Their approach is tailored to facilitate businesses in managing their financial needs effectively.

Goals and Vision

Harbor Point's overarching goal is to simplify access to capital and bolster the equipment finance sector. The firm harbors ambitions to grow by acquiring various asset types, thus ensuring a broad spectrum of financial opportunities for clients.

With a leadership team endowed with a wealth of experience in equipment finance, Harbor Point is well-positioned to set new industry standards. The company looks forward to expanding its services while staying committed to delivering the high-quality customer services that stakeholders expect.

For more information regarding Harbor Point Equipment Finance, you can visit their official website or contact their team directly. The firm's strategic operations are designed to support organizations in navigating their financial journeys with ease, reliability, and efficiency.