Patriot Financial

What Patriot Financial does

Patriot Financial LLC is a privately held commercial equipment financing and small business lending company headquartered in Exton, Pennsylvania, founded in 2015 and operating as a Pennsylvania LLC. The company originates equipment loans, small business loans, working capital loans (terms up to 12 months), vendor financing, heavy equipment financing, and auction pre-approval financing for SMBs and mid-sized businesses across the United States, with primary concentration in the Northeast and Mid-Atlantic corridor (Massachusetts, New Jersey, New York, Pennsylvania, Connecticut) and state-specific landing pages covering all 50 states.

Under the hood, the platform is a lightweight online origination stack: a public website with product pages, a streamlined online application form that captures business information and credit authorization, virtual consultation capabilities via FaceTime/Zoom/Google Meet, and a phone-based inside-sales channel (866-633-6003). There is no proprietary core technology beyond the application workflow and no API, SDK, or mobile app. Funding is bank-secured rather than balance-sheet warehoused, meaning Patriot Financial originates loans that are funded by partner banks, generating interest-rate spread and fee income.

Commercially, the company runs a hybrid sales model combining direct field sales through named representatives (Michael DiEugenio, Matthew DiEugenio, William Gehrt, Alvis Webb, Tom Rehs, Jack Pupillo), inside sales via phone, a self-serve online application, and channel partnerships with heavy equipment auction houses (Alex Lyon & Son, Henderson Auctions, Yoder & Frey, RB Auctioneers) and an equipment dealer network motivated by tiered cash and luxury reward incentives. Pricing is quote-based and not publicly disclosed, with loan amounts ranging from $1,000 to $250,000+ and equipment loan terms of 12 to 60 months. The company is led by founder and CEO Michael DiEugenio, holds membership in the American Association of Commercial Finance Brokers, and operates with a 1-10 employee team, consistent with a boutique originator/broker rather than a balance-sheet lender.

Name

Patriot Financial

Legal name

Patriot Financial LLC

Website

https://patriotfinancialllc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Patriot Financial LLC is a Pennsylvania-based boutique commercial equipment financing and small business lending company that originates equipment loans, working capital loans, and vendor financing for SMBs nationwide, distributed through direct sales, an online application, and auction-house and dealer referral partnerships.

Ownership category

akta.pro rank

Product category

Commercial Equipment Financing

NAICS

Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Equipment financing
• Small business loans
• Commercial lending
• Working capital loans
• Heavy equipment financing

Headquarters

HQ city

Exton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Equipment Financing: Provides financing for businesses to purchase equipment without paying full amount upfront. Revenue generated through interest rates and fees on secured loans backed by bank partnerships.
2. Commercial Loans: Small business loans and commercial financing including accounts receivable loans, construction loans, and equipment financing loans. Interest and fees charged on funded amounts.
3. Working Capital Loans: Short-term loans (up to 12 months) for immediate cash flow needs. Repaid with interest over the loan term.
4. Vendor Financing: Program allowing vendors to refer customers for financing. Vendors receive full payment upfront while customers repay loans directly to Patriot Financial, generating fee income.
5. Heavy Equipment Financing: Financing for construction and heavy equipment (bulldozers, excavators, cranes, etc.) with equipment serving as collateral. Up to 100% financing available.
6. Auction Financing: Pre-approval financing for heavy equipment auctions, enabling customers to bid with confidence. Revenue from interest on funded auction purchases.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Patriot Financial provides commercial equipment financing and small business loans to small and mid-sized businesses across the United States. Its offerings include equipment loans, working capital loans, heavy equipment financing, vendor financing, auction pre-approval financing, and commercial finance, with bank-secured capital supporting approvals for businesses that have difficulty obtaining traditional bank financing.

Product overview

Patriot Financial is a small business and commercial equipment financing company offering a portfolio of loan and financing products. The core offerings include Equipment Loans, Small Business Loans, Working Capital Loans, Vendor Financing, Heavy Equipment Financing, and Auction Financing, all designed for small and mid-sized businesses. The company also provides Commercial Finance services for expansion needs. Supporting programs include dealer incentive schemes (New and Existing Dealer Incentive Programs) that reward equipment dealers for referring funded deals. An advisory service on Section 179 tax deductions is offered to help customers maximize tax benefits when financing qualifying equipment. The company operates primarily in the Mid-Atlantic and Northeast regions (Massachusetts, New Jersey, New York, Pennsylvania) while offering services nationwide, and positions itself as an alternative to traditional bank financing with a focus on approving businesses that have been turned down by banks.

Differentiator

Problem solved

Functional benefit

Products and services

• Equipment Loans

Quantifiable outcome

• 95% approval rate for loan applications
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core.

• Alex Lyon & Son AuctioncoreChannel Partner/ Reseller/ DistributorRecommended auction house partnership where Patriot Financial provides pre-approved financing to customers bidding on equipment at Alex Lyon & Son auctions. This enables customers to bid with confidence knowing their financing is secured in advance.
• Henderson AuctionscoreChannel Partner/ Reseller/ DistributorRecommended auction house providing pre-approved financing for customers attending Henderson Auctions. Partnership allows businesses to secure equipment financing before attending auction events.
• Yoder & FreycoreChannel Partner/ Reseller/ DistributorRecommended auction house partnership for heavy equipment financing. Patriot Financial offers pre-approval financing for customers bidding at Yoder & Frey auctions.
• RB AuctioneerscoreChannel Partner/ Reseller/ DistributorRecommended auction house partnership for heavy equipment auctions. RB Auctioneers customers can obtain pre-approved financing through Patriot Financial.
• Equipment Dealers NetworkcoreChannel Partner/ Reseller/ DistributorPatriot Financial has developed relationships with equipment and truck dealers, offering dealer incentive programs with cash bonuses, luxury watches, and five-star travel rewards for dealers who refer funded deals.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Balboa Capital: Balboa Capital is a direct competitor providing equipment financing, working capital loans, and small business lending to SMBs across the US, with a similar broker-style origination model and dealer/vendor referral programs.
• National Funding: National Funding offers equipment financing and working capital loans to small businesses, often positioning around approvals for borrowers rejected by banks — closely overlapping with Patriot's value proposition and SMB target.
• Crest Capital: Crest Capital is an equipment financing specialist serving SMBs with lease and loan products for trucks, construction, and industrial equipment — a near-identical product set to Patriot's equipment loans and heavy equipment financing.
• Marlin Capital Solutions (Marlin Business Bank): Marlin provides equipment financing and working capital loans to small and mid-sized businesses, including vendor and dealer programs — directly comparable to Patriot's equipment loan and vendor financing offerings.
• Summit Funding Group: Summit Funding Group is an equipment finance company serving SMBs with lease and loan products for commercial and industrial equipment, overlapping with Patriot's heavy equipment and commercial finance lines.

Broad incumbents

• OnDeck (Enova International): OnDeck is a well-capitalized online SMB lender offering working capital loans and lines of credit, competing for the same bank-rejected SMB segment Patriot targets but at materially greater scale and with proprietary tech underwriting.
• BlueVine: BlueVine provides working capital, lines of credit, and invoice factoring to small businesses — competing with Patriot's working capital and accounts receivable loan products from a tech-led, larger-balance-sheet position.
• DLL: DLL is a global vendor and equipment finance company with deep dealer and manufacturer partnership programs, providing a much larger-scale analogue of Patriot's vendor financing and dealer referral model.
• Caterpillar Financial Services Corporation: Cat Financial is the captive finance arm of Caterpillar, offering loans and leases for construction heavy equipment — directly overlapping with Patriot's heavy equipment and construction lending, but backed by an OEM balance sheet.

Emerging players

• Currency Capital: Currency Capital operates a marketplace/online platform connecting SMBs seeking equipment financing with lenders, competing for the same online-application, fast-approval SMB equipment finance customer as Patriot.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/patriotfinancialllc
• LinkedInlinkedin.com/company/patriotfinancialllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Patriot Financial