| Business Summary | | LINC
Capital,
Inc.
is
a
specialty
finance
company
that
provides
leased
equipment,
asset-based
financing,
and
equipment
rental
and
distribution
services
to
growing
businesses.
The
Company
consists
of
four
business
units:
Select
Growth
Finance
(SGF),
Portfolio
Finance
(PF),
Rental
and
Distribution
(RD)
and
Vendor
Finance
(VF).
SGF
directly
originates
equipment
leases
and
other
asset-based
financing
to
emerging
growth
companies.
PF
purchases
leases
originated
by
smaller
companies
within
the
highly
fragmented
leasing
industry
through
warehouse
and
portfolio
purchase
programs.
RD
consists
of
LINC
Quantum
Analytics,
which
engages
in
the
rental,
distribution
and
leasing
of
analytical
instruments,
and
LINC
Internet
Finance
+
Equipment,
which
distributes
and
leases
Internet
access
equipment,
routers,
networking
and
telecommunications
equipment.
VF
assists
the
sales
efforts
of
manufacturers
and
distributors
(M&D)
by
developing
leasing
programs
for
the
users
of
equipment
sold
by
M&D. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LINC
Capital,
Inc.
is
a
specialty
finance
company
that
provides
leasing,
asset-based
financing,
and
equipment
rental
and
distribution
services
to
growing
businesses.
For
the
nine
months
ended
9/30/00,
revenues
rose
6%
to
$68.3
million.
Net
loss
applicable
to
Com.
totalled
$36.5
million,
up
from
$325
thousand.
Revenues
reflect
an
increase
in
the
level
of
finance
lease
receivables
outstanding.
Net
loss
reflects
higher
provision
for
credit
losses
and
a
$6.1
million
impairment
loss
on
assets. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999
Compensation | | Pay | Exer | |
| Robert Laing, 55 Pres,
COO, Director | $276K | $361K | Allen Palles, 59 Exec.
VP, CFO | 202K | -- | Mark Arvin, 52 Sr.
VP of Fin. | -- | -- | William DeMars, 50 Sr.
VP of Select Growth Fin. | 181K | -- | William Erbes, 49 Sr.
VP of Vendor Fin. | -- | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|