The ATEL Capital Markets team purchases equipment subject to lease to augment our $2 billion plus equipment portfolio. In addition, we sell transactions to meet current investment objectives, such as credit exposure, lease term, industry concentrations, and credit profile.

We purchase existing or newly generated leasing transactions from financial institutions and independent leasing companies based on the following:

• Existing Leases - Seller can recognize current income and cash flow from the sale of future rentals and residuals. Frees up credit and residual exposure to their Lessees.
• New Leases - Arranger can recognize fee income from sale and free up room for additional volume with current customer.
• Allows ATEL to acquire desirable assets, subject to lease.

Sale of existing Fund leases:

• Reduces credit and residual exposure to current lessees while maintaining and controlling the relationship.
• Provides for leveling of fund distributions.