A new study by the Equipment Leasing & Finance Foundation reveals that the lender finance marketplace in the U.S. is “thriving” eight years after the 2008 financial crisis began, led by an “interesting mix” of traditional banks and newer, non-traditional lenders including financial technology (FinTech) venture capital companies, private equity firms, and insurers. The study, which was researched and written by The Alta Group, examines today’s lender finance market and identifies key players, regulatory considerations, and implications for borrowers such as independent equipment lessors, said Valerie L. Gerard, managing director of The Alta Group.

The Alta Group researchers were Gerard, Director George L. Lehnertz, and Director Patricia M. Voorhees. Alta is the leading global consultancy dedicated exclusively to the business of equipment leasing and asset finance.

“Lender finance has been the lifeblood of independent lessors for decades,” Gerard said. “When traditional bank lenders pulled back in the aftermath of the financial crisis, they created an opportunity for other capital providers to support the equipment leasing industry.  What that means for independent lessors is that more lenders are attracted to the industry than ever before.  The study provides a blueprint for independents wanting to access this capital source.”

Readers may purchase copies of the study Lender Finance: How Does the Capital Stack? from the Foundation.