Warren Capital is charting a path for the future as it celebrates its 30th anniversary, as it continues its growth from a business model that focuses on providing financing and advising for some well-known industries.
It s approach has helped the firm weather a number of recessions and has carved a niche among lenders serving the North Coast region. A new platform allows equipment vendors to offer in-house financing for customers through Warren Capital, it is growing role in the coming years, with trends like the surge of interest in craft food and beverage.
Warren Capital s relationship with a East Coast lenders eager for business in California helped it become competitive financier that provides an alternative for the structures offered from a traditional lender.
Notable customers include Frank Howard Allen Realtors, Stark Reality Restaurants, and the apple producer that merged with a French agricultural cooperative in 2012. Warren Capital provided financing to a number of distribution companies and surgery centers in the region, and it has completed over $1.8 billion in financing across the US.
Completed loan volume is about $75 million to $100 million annually, with loans ranging from $5 million to $10 million.
By focusing on core industries, Warren Capital has weathered several recessions, tying the company to stable sectors and limiting its exposure to the tumultuous real estate market.
Warren Capital has funding relationships with 25 entities throughout the US, acting as manager and administrator for financing partnerships involving those firms.
The company has 3 arms of equivalent activity, financing for the purchase or lease of equipment and software, ongoing funding for operation and expansion and financing for mergers and acquisitions.
Equipment financing is an area of particular growth, Warren Capital launched an equipment financing platform 2 years ago known as Ziplease, a system through which equipment vendors can provide financing for customers through Warren Capital. The platform is aimed at smaller vendors who lack the resources to develop a lending platform.