TEQlease Commercial Finance Team Finances Sawmill Machinery for Peter C. Herman, Inc.

Peter C. Herman, Inc., a large family-owned timber business in Marion, New York, has completed a sawmill machinery equipment lease financing with TEQlease Commercial Finance to realize efficiencies in its pallet manufacturing division. “TEQlease demonstrated flexibility and a good understanding of our businesses,” said Matt Herman, CEO for Peter C. Herman, Inc. “Eddie Manzanares and the TEQlease Commercial Finance team worked very well with us. We structured the lease specifically based on our vendor reimbursement requirements.”

Peter C. Herman, Inc. is a family-owned timber business based in the heart of upstate New York, serving Rochester, Buffalo, Syracuse, Albany and the surrounding areas, specializing in new and recycled pallets, new agricultural boxes and wooden crates made from the logs and timber harvested throughout the state. Peter C. Herman, Inc. was established in 1969 as a pallet recycling company by Peter Herman. Since then, Peter’s son Matt has grown the company to become one of the leading and most respected pallet manufacturers in the Rochester, NY region. With over 50 employees working at its massive 37 acre facility, the business services all of upstate New York, from Buffalo in the West to Corning in the south to Syracuse and Albany in the east. Peter C. Herman, Inc. sells direct to factories, warehouses, farmers and companies of all sizes.

TEQlease Commercial Finance has a unique focus on providing equipment financing solutions to small and medium sized businesses and educational institutions. Founded in 2000, the company is based in Calabasas, California. Learn more about TEQlease Commercial Finance by visiting our web site here www.TEQlease.com

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