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Canada's Magazine for Financing & Leasing Executives

June 17 , 2014

Former CIT executive launches offers leasing, other products

Cranford, NJ -- Patrick McMullan, commercial lending expert, has launched ALCS Capital to provide business owners with alternative sources for the capital they need to grow or run their businesses. The company leverages his 25 years of industry experience and keen understanding of the financial lending market to provide alternatives to traditional bank financing, through financing solutions that include private equity, consumer based financing for businesses, creative leasing options, and other long term value services.

"The commercial finance world changed in 2008 and smaller to mid-sized business are struggling to gain access to capital from traditional lending sources," says McMullan. "ALCS Capital works with dozens of programs and can offer products that make sense for the 90 per cent of businesses that banks can't or won't serve.  We offer a highly-personalized approach; one that brings the 'human touch' back to finance."

ALCS Capital specializes in commercial finance with a focus on small-to medium-sized businesses. It will work as an advisor to businesses to find the appropriate types and structure to suit specific needs and circumstances. Products and services available through ALCS Capital include: equipment leasing, sale leasebacks, heavy equipment leasing or financing, accounts receivable financing, factoring, bridge and hard money loans, SBA financing, business acquisition financing, hotel financing, stock loans, portfolio liquidations, private equity, and joint ventures.




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