— Sentry Financial
At Sentry Equipment Financing, we are committed to building long term, win-win relationships that enable our partners to build stronger businesses through creative financing solutions.
— Division Overview
Founded in 1986, Sentry Equipment Financing provides the full spectrum of equipment leasing and financing products to Fortune 2000, middle market, and smaller but established companies. We focus in the telecommunications, healthcare, and clean energy industries, but will provide financing programs and transactions in most industries.
Whether you’re a manufacturer or vendor seeking to expand sales of your equipment/software/services by offering financing options to your customers; or an
equipment end user seeking a tailored financing solution for your equipment/software acquisition needs; or a regional or community bank desiring to seamlessly offer equipment leasing solutions to your customers; or a lease/finance company seeking to augment your structuring and funding capabilities, Sentry has proven programs that will meet your needs.
As your trusted financial partner, you can expect Sentry’s professionals to provide the right financing solutions for you and/or your customers, competitively priced, and professionally delivered.
— Our Approach: Industries
Over Sentry’s more than 30 years in business, we have provided equipment leasing and financing to a wide range of industries, including advertising, agriculture, airlines, automotive, banking and insurance, construction, clean energy, food supply and distribution, healthcare, hospitality, manufacturing, technology, telecommunications, and more. Today, we still provide financing to a wide range of industries, but proactively focus on the telecommunications, healthcare, and clean energy markets.
With the proliferation of smartphones, tablets, and an ever-increasing need for bandwidth and coverage, the telecommunications industry has an almost insatiable appetite for capital equipment to meet customer needs. Sentry proactively provides equipment, software, and project financing for the telecommunications industry, including network expansion, LTE upgrades, distributed antenna systems (iDAS/oDAS), backhaul infrastructure, HetNet, small- and macrocell, VoIP, VSAT, satellite, networking testing equipment, RAN equipment, and data centers.
Recent examples of telecom equipment financings provided by Sentry include:
- $130 million vendor financing facility for a major US carrier, enabling it to upgrade its network.
- Customer premises equipment for a national carrier, which allowed it to provide comprehensive communications solutions to its customers.
- Distributed Antenna Systems (DAS) for a major hospital network.
- Vendor finance program allowing for satellite connectivity and TV in rolling stock.
- Vendor finance program for a major network testing equipment manufacturer, allowing the company to offer financing to its customers on all of its products.
- Extensive RFID and nurse call system for a major hospital chain.
The healthcare industry constitutes about one-seventh of the U.S. economy and is continuing to grow. Sentry has been providing equipment leasing and financing solutions for the healthcare industry since 1991. Sentry has financed a wide range of healthcare equipment and software, including major and minor imaging equipment, IT, laboratory equipment, major and minor medical and surgical equipment, non-medical equipment, and communications equipment (DAS, WiFi, nurse call systems, etc.).
Recent examples of healthcare equipment financings provided by Sentry include:
- Over 26,000 health monitors in major pharmacy and grocery chains throughout the United States and Canada.
- All equipment, furniture and fixtures for several large hospitals in Texas and California.
- A Linear Accelerator for large hospital in New Jersey.
- Major imaging equipment such as GE, Philips, Fonar and others to a variety of hospitals and clinics.
Why Clean Energy?
Sentry is committed to facilitating our world’s transition from fossil fuel-based energy (coal, oil, natural gas) to sources of clean energy (solar, wind, geothermal, hydro) and to helping businesses acquire more energy efficient products (LED lighting, HVAC, sensors, low power technology). Sentry has been providing equipment leasing and financing solutions for the clean and energy-efficient marketplace since 2001.
Recent examples of clean energy and energy-efficient equipment financings provided by Sentry include:
- A solar power installation for a research facility in the State of Washington.
- LED lighting retrofits for several hospitals and automobile manufacturing facilities.
- Energy reduction equipment for a large hospital chain.
Sentry recently partnered with a large international manufacturer of telecommunications network equipment and strategically offered one of its Tier 1 carrier customers a $25 million lease financing facility. The high quality equipment, coupled with an attractive financing solution, presented a compelling proposal that was accepted by the carrier. The carrier experienced an easy and efficient process as the equipment was delivered and paid for through Sentry’s financing program. At the carrier’s request, Sentry and its manufacturer partner increased the commitment first to $50 million and then to $100 million. In the end, Sentry’s manufacturer partner increased its initial $25 million commitment to a $100 million commitment because it offered quality equipment coupled with a competitive financing solution.
— Our Approach: Financing Programs
Sentry Equipment Financing encompasses four distinct financing programs.
Manufacturer/Vendor Finance Programs
Under our manufacturer/vendor programs, Sentry partners with equipment manufacturers and vendors to strategically provide leasing and financing solutions to their customers, which enables their end-user customers to more easily acquire our manufacturer/vendor partner’s equipment and services.
Our Direct Financing and Leasing Programs are for equipment users who want a leasing partner with the experience and knowledge to craft financing solutions that meet your specific financial, accounting, tax and other needs and objectives.
Sentry’s Bank Programs are for regional and larger community banks who want to offer the full spectrum of equipment leasing and financing products to increase their competitiveness and to better serve their customers.
Joint Venture Programs for Lease Companies and Brokers
Sentry views the marketplace as much more collaborative than competitive. Under our JV Programs, Sentry partners with equipment lease/finance companies and larger lease brokers (“JV Partners”) to enable them to increase their transaction volume, expand their financing capabilities, and/or diversify and leverage their equity investment dollars.