Tricor Lease and Finance Corporation is a privately held finance company specializing in equipment leasing and financing solutions for businesses across a wide range of industries. Founded in [Insert Founding Year if known], the company has cultivated a reputation for providing tailored financial products designed to meet the specific needs of its clients. They differentiate themselves through a client-centric approach, focusing on building long-term relationships rather than solely transactional deals.
Their core offerings revolve around equipment financing, covering a diverse spectrum of assets. This includes, but isn’t limited to, transportation equipment like trucks and trailers, construction machinery such as excavators and bulldozers, manufacturing equipment used in various industrial processes, and technology-based assets like computers and software. Tricor doesn’t confine itself to a single industry niche; they serve businesses in construction, transportation, manufacturing, technology, healthcare, and other sectors.
Tricor’s financing options are designed to be flexible, adapting to the unique cash flow and operational requirements of each business. They provide various lease structures, including operating leases, capital leases, and sale-leaseback arrangements. Operating leases allow businesses to use equipment without the burdens of ownership, such as depreciation and obsolescence risks, while capital leases offer an eventual path to ownership. Sale-leaseback agreements allow companies to unlock capital tied up in existing equipment by selling it to Tricor and leasing it back, freeing up funds for other business needs.
What sets Tricor apart is their emphasis on understanding the specific needs of each client. They take a consultative approach, working closely with businesses to analyze their financial situation, understand their growth objectives, and develop a financing solution that aligns with their strategic goals. This personalized approach extends beyond just structuring the lease; they provide ongoing support and guidance throughout the lease term.
Furthermore, Tricor often caters to businesses that may find it challenging to secure financing through traditional lenders. This includes startups, companies with limited credit history, or those seeking to finance specialized or non-standard equipment. By taking a more holistic view of a business’s potential and focusing on the underlying value of the equipment being financed, Tricor can provide financing solutions where others might not.
While specific financial details about Tricor Lease and Finance Corporation are typically not publicly disclosed due to its private ownership, it operates on a business model that aims to deliver value to both its clients and its shareholders. By providing tailored financing solutions, fostering long-term relationships, and serving a diverse range of industries, Tricor has carved out a significant presence in the equipment leasing and finance market. Their focus on understanding and meeting the specific needs of businesses positions them as a valuable partner for companies looking to acquire essential equipment without straining their capital resources.
1000×735 tricor group dogstooth design communication from dogstoothdesign.com 
1600×1200 tricor group relocation notice from www.tricorglobal.com 
640×482 tricornet tricors portfolio properties retail office from egpharmacy.com 
1600×1066 tricor holds annual corporate governance seminar from www.tricorglobal.com