Harbor Point Equipment Finance announced it has acquired a seasoned loan portfolio secured by commercial transportation assets, valued at approximately $17 million.
The portfolio includes roughly 800 individual contracts and was acquired as part of the company’s strategy to expand through selective purchases of seasoned lease and loan assets. Harbor Point, an affiliate of AIP Capital, focuses on providing capital solutions across the equipment finance industry, targeting a wide range of asset types and credit profiles.
The company emphasized its ability to execute transactions efficiently, particularly in situations requiring flexible structuring and quick timelines. This acquisition aligns with Harbor Point’s broader approach of building scale through portfolio purchases while maintaining a diversified asset base.
Harbor Point operates as a full-service platform with capabilities spanning underwriting, acquisition, servicing, and management of both performing and non-performing assets. Its parent, AIP Capital, manages approximately $6.25 billion in assets and specializes in asset-based finance opportunities globally.
KEY QUOTES:
“This acquisition demonstrates Harbor Point’s ability to be a flexible solutions provider for a seller of assets within a tight timeframe.”
Gary Silverhardt, CEO of Harbor Point Equipment Finance
“We believe our strategy of acquiring seasoned assets paired with our ability to purchase portfolios across diverse asset types, credit profile and size positioned Harbor Point as a reliable counterparty.”
Josh Rothman, COO of Harbor Point Equipment Finance
