ATEL Capital Group Surpasses $3 Billion in Equipment Leased
San Francisco, Ca. April 24, 2013- ATEL Capital Group is proud to announce the company has surpassed $3 billion in equipment lease and finance transactions (original cost of equipment). The significant milestone was achieved during a year that will see the company release a 15th publicly registered equipment leasing investment program.
Since 1977, ATEL has redefined the equipment leasing marketplace. The company?s innovative and disciplined approach at pricing and structuring deals has allowed them to become one of the largest privately-held equipment leasing firms in the world.
?To have reached this milestone speaks volumes about our products, people and the company we have strategically built over 35 years? said Dean Cash, Chief Executive Officer and President of ATEL Capital Group. ?We have seen many ups and downs in the US economy over the last 35 years, but ATEL has not only survived, we have prospered. Like our history, ATEL?s future success will be largely dependent upon the many individuals who contribute to our everyday efforts. Additionally, we will continue to stay true to the company?s ideals, philosophies and strategies to grow an even larger portfolio of leased equipment well into the future.?
ATEL Capital Group is an international financial services company that for over 35 years has offered its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored fourteen publicly registered programs as well as seven private investment programs.
On August 20, 2012, the U.S. Securities and Exchange Commission declared ATEL Growth Capital Fund 8, LLC effective, a unique public fund formed to provide debt financing to emerging growth and pre-IPO companies.
ATEL's family of Funds have attracted over 46,000 investors since its first public program was created. Additional information about ATEL Capital Group can be found by visiting www.atel.com