Loeb
Loeb Equipment Supply Company is a 146-year-old, family-owned industrial asset management firm providing equipment financing ($1M-$40M loans), auctions, USPAP-compliant appraisals, and used equipment sales to manufacturers and industrial operators across North America.
- Company typePrivate
- Founded1880
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Loeb does
Loeb Equipment Supply Company is a 146-year-old, family-owned industrial asset management firm headquartered in Park Ridge, Illinois with a warehouse facility in Chicago. Founded in 1880, the company provides a vertically integrated suite of services around used industrial machinery and equipment: equipment financing and asset-based lending via M&E loans ranging from $1 million to $40 million, full-service industrial auctions and liquidations, USPAP-compliant certified machinery appraisals, and direct used equipment sales. Its customer base spans manufacturers, processors, and industrial operators across food and beverage, healthcare, logistics, retail, energy, and adjacent industrial sectors, with named relationships including Coca-Cola, Pepsi, Coors, FedEx, Kellogg, Abbott, Nestle, Hershey, Kraft, and ConocoPhillips among others.
The firm operates a Borrower Client Portal for account management and runs online auctions through BidSpotter.com, supplementing its direct sales outreach and participation in industry events. Loeb's technology is described as an industrial machinery and equipment management platform, with the core competency residing in certified valuation expertise and auction execution rather than in software or AI capabilities. The company is sales-led, reaching customers through its website, direct phone and email channels, industry events, and email marketing. No mobile app, public API, or SDK offerings are disclosed.
Loeb generates revenue through four primary streams: interest/spread on equipment financing loans, commissions on machinery auctions and liquidations, fees for USPAP-compliant appraisals, and margins on used equipment sales. Pricing is largely quote-based with loan sizing from $1M to $40M and flexible covenant-free terms, often funded within four weeks. As of 2026, Eric Schwartz was promoted to President after driving 2.5x portfolio growth since joining as CIO in 2020, and Jackie De La Fuente was appointed Controller to support the company's expanding global platform.
Loeb firmographics
Firmographics- Name
- Loeb
- Legal name
- Loeb Equipment Supply Company
- Website
- https://loebequipment.com
- Company type
- Private
- Founded year
- 1880
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Loeb Equipment Supply Company is a 146-year-old, family-owned industrial asset management firm providing equipment financing ($1M-$40M loans), auctions, USPAP-compliant appraisals, and used equipment sales to manufacturers and industrial operators across North America.
- Ownership category
- akta.pro rank
Loeb industry classification
Industry- Product category
- Industrial Asset Management
- NAICS
- All Other Miscellaneous General Purpose Machinery Manufacturing (333998)
- SIC
- Wholesale-Industrial Machinery & Equipment (5084)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
- akta.pro secondary industry
- Machinery & Equipment / FF&E Valuation (for Real Estate Context) (BPAJAKAH)
Keywords
Where Loeb is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Loeb business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Equipment Financing & Asset-Based Lending: Loeb provides flexible, covenant-free equipment financing solutions including term loans, equipment lines of credit, and sale-leaseback options. They fund loans ranging from $1M to $40M, using machinery as collateral.
- Machinery Auctions & Liquidations: Full-service industrial equipment auctions and liquidations helping businesses buy and sell surplus or idle assets. Revenue generated through auction commissions on sales.
- Certified Machinery Appraisals: USPAP-compliant equipment appraisals for financing, asset sales, insurance, and restructuring. Revenue generated through appraisal fees.
- Used Equipment Sales & Inventory Management: Direct sale of used industrial machinery from their inventory. Revenue generated through equipment sales margins.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | M&E Loans from $1M to $40M |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Loeb product offering
Product offeringCore offering
Loeb Equipment Supply Company is a 146-year-old industrial machinery solutions provider offering equipment financing and asset-based lending (M&E loans from $1M to $40M using machinery as collateral), full-service industrial equipment auctions and liquidations, USPAP-compliant certified machinery appraisals, and direct sales of used industrial machinery from inventory.
Product overview
Loeb Equipment is an industrial machinery and equipment solutions company offering a portfolio of integrated services centered on equipment financing, auctions, appraisals, and used equipment sales. The core offerings include M&E Loans (ranging from $1M to $40M), Machinery Auctions & Liquidation Services, Certified Machinery Appraisals (USPAP-compliant), and Used Equipment Sales & Inventory Management. These services are complemented by a Borrower Client Portal for account management and a Participations and Referrals program. The company has facilitated over $1.2 billion in transactions, $400 million in loans funded, $300 million in auctions performed, and $500 million in M&E inventory transacted.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Financing & Asset-Based Lending Flexible equipment financing solutions including term loans, equipment lines of credit, and sale-leaseback options using machinery as collateral, with funding often within 4 weeks. M&E loans range from $1M to $40M for manufacturers, processors, and industrial operators.
- Machinery Auctions & Liquidation Services Full-service industrial equipment auctions and liquidations for buying and selling surplus or idle assets, from single machines to entire plants, including current auctions, current liquidations, and the auction/liquidation processes.
- Certified Machinery Appraisals USPAP-compliant equipment appraisals based on real market data for financing, asset sales, insurance, and restructuring purposes, leveraging cross-industry expertise.
- Used Equipment Sales & Inventory Management Direct sale of large inventory of used industrial machinery and equipment with expert support and logistics, connecting buyers and sellers across North America and global markets.
Companies that use Loeb
Customer profileNamed customers15 records
Segments3 records
Ideal customer profiles3 records
Loeb technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Loeb partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
Loeb competitors and assessment
Company assessmentDirect peers
- Hilco Global: Direct competitor offering industrial asset valuations, auctions, liquidations, and asset-based lending services to manufacturers and financial institutions. Closely overlaps with Loeb's full-service industrial-asset platform across appraisals, auctions, and financing.
- Perry Videx: Long-standing used industrial equipment dealer and auctioneer serving chemical, pharmaceutical, food, and plastics processors. Directly comparable to Loeb's used-equipment sales and auction business.
- Aaron Equipment Company: Used process equipment dealer and auctioneer serving chemical, pharmaceutical, food, and plastics manufacturers. Directly comparable to Loeb's used-equipment inventory and liquidation services.
- Federal Equipment Company: Used process equipment dealer and auctioneer with a focus on pharmaceutical, chemical, and food processing assets. Directly comparable to Loeb's equipment sales and auction offerings.
- EquipNet: Online marketplace and auctioneer for used industrial assets, serving manufacturers seeking to buy or sell surplus equipment. Comparable to Loeb's e-commerce and auction distribution channels.
- Maynards Industries: Industrial equipment auctioneer and liquidator handling plant closures and asset dispositions worldwide. Directly comparable to Loeb's auction and liquidation services for industrial manufacturers.
- Heritage Global Partners: Industrial asset auction, valuation, and financial services firm serving corporate clients and financial institutions. Closely overlaps with Loeb's appraisal and auction capabilities.
- Tiger Capital Group: Asset valuation, lending, and disposition firm specializing in commercial and industrial asset monetizations. Directly comparable to Loeb's financing, appraisal, and auction activities.
Broad incumbents
- Gordon Brothers: Larger global firm providing asset valuation, disposition, and lending services across retail, industrial, and commercial sectors. Broader than Loeb, but overlaps in industrial machinery appraisals, auctions, and asset-based lending.
- Liquidity Services: Publicly traded marketplace operator (LQDT) running online auctions and surplus-asset programs for industrial and government clients. Broader incumbent that competes with Loeb's online auction and equipment disposition channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Loeb social profiles
Digital presenceLoeb financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loeb leadership team
Management profileNumber of profiles
Profiles1 record
Loeb funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loeb M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Loeb
What does Loeb do?
Loeb Equipment Supply Company is a 146-year-old industrial machinery solutions provider offering equipment financing and asset-based lending (M&E loans from $1M to $40M using machinery as collateral), full-service industrial equipment auctions and liquidations, USPAP-compliant certified machinery appraisals, and direct sales of used industrial machinery from inventory.
Is Loeb a public or private company?
Loeb is a private company. It is classified as family owned and is currently operating.
When was Loeb founded?
Loeb was founded in 1880. It employs 11 to 50 people.
Where is Loeb based?
Loeb is headquartered in Chicago, United States, in the North America region.
How does Loeb make money?
Four revenue lines are on record. Equipment Financing & Asset-Based Lending is the primary driver. The others are machinery Auctions & Liquidations, certified Machinery Appraisals and used Equipment Sales & Inventory Management.
Who are Loeb's main competitors?
Direct peers on record are Hilco Global, Perry Videx, Aaron Equipment Company, Federal Equipment Company, EquipNet, Maynards Industries, Heritage Global Partners and Tiger Capital Group. Broad incumbents are Gordon Brothers and Liquidity Services.
Does Loeb have an API?
No public API is recorded for Loeb.
What industry is Loeb in?
Loeb's product category is Industrial Asset Management. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed), with a secondary code of BPAJAKAH, Machinery & Equipment / FF&E Valuation (for Real Estate Context). Its NAICS code is 333998 and its SIC code is 5084.