Patriot Funding Corporation
Patriot Funding Corporation is a privately held equipment financing brokerage arranging $5K–$5M loans and leases for manufacturing, industrial, and technology clients across the US, Canada, and Latin America via a 60+ lender sell-desk.
- Company typePrivate
- Founded1999
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Patriot Funding Corporation does
Patriot Funding Corporation is a privately held commercial finance company founded in 1999 and headquartered at 315 Madison Avenue in New York, with additional offices in Chicago and Miami. The firm operates as an equipment financing intermediary, arranging transactions on behalf of clients through a sell-desk network of 60+ financial institution partners that includes large banks, regional finance companies, and hedge fund partners. It serves manufacturing, industrial, and technology sector clients with funding sizes of $5,000 to $5 million and terms of 12 to 84 months, covering A, B, and C credit profiles across the US, Canada, and Latin America.
The product portfolio spans equipment financing (new and used), capital leases with $1 purchase options, operating/FMV leases, asset-based lending (factoring, PO financing, sale/leaseback), debt refinancing, startup financing, vendor progress payments, and a small-business working capital program. Pricing is structured by credit tier and collateral type, with yields ranging from roughly 5.5%+ on hard-collateral A-credit deals to 11-15% on small-ticket soft-collateral transactions. No proprietary technology platform or AI tooling is disclosed; operations rely on a consultative field-sales model, senior underwriting experience (30+ years for the executive team), bilingual representatives for cross-border deals, and a basic online application intake.
Revenue is earned on a transaction basis through origination fees and yield/spread on each arranged loan or lease. The firm maintains a very small headcount of 1-10 employees, has been operating continuously for more than 24 years, and has executed sizable deals including approximately $2.5 million for LallyPak in plastics and packaging and approximately $1.8 million for a flexographic printing press transaction. Steven G. Clyne is identified as a Director of the company.
Patriot Funding Corporation firmographics
Firmographics- Name
- Patriot Funding Corporation
- Legal name
- Patriot Funding Corporation
- Website
- https://patriotfundingcorp.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Patriot Funding Corporation is a privately held equipment financing brokerage arranging $5K–$5M loans and leases for manufacturing, industrial, and technology clients across the US, Canada, and Latin America via a 60+ lender sell-desk.
- Ownership category
- akta.pro rank
Patriot Funding Corporation industry classification
Industry- Product category
- Commercial Equipment Finance
- NAICS
- Sales Financing (52222)
- SIC
- Finance Lessors (6172), Finance Services (6199)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
Keywords
Where Patriot Funding Corporation is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Patriot Funding Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Equipment Financing: Financing for new and used equipment with terms from 12-84 months. Covers A, B, and C credit clientele. Revenue generated through interest rates and financing fees.
- ABL Products (Asset Based Lending): Factoring, PO financing, and sale/leaseback arrangements for working capital.
- Lease Structures: Capital leases, operating leases, and FMV leases with various terms and structures including 100% financing options.
- Refinancing: Refinancing of existing debt structures for clients.
- Vendor Progress Payments: Financing arrangements supporting vendor payment schedules during equipment procurement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Hard Collateral (A-C Credits) - Interest rates start at 5.5% and up to 8%+ depending on credit tier, term length, and transaction size. |
| Transaction based/ take rate | Multi-year contract | Tech Collateral (A-C Credits) - Yields range from 8%-12% based on credit tier and collateral type. |
| Transaction based/ take rate | Multi-year contract | Small Ticket Financing (under $50k) - Hard collateral: 7-10%; Soft collateral: 11-15% |
| Unit Pricing | Multi-year contract | Funding Range: $5,000 to $5 Million |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
Patriot Funding Corporation product offering
Product offeringCore offering
Patriot Funding Corporation is a commercial finance company that arranges equipment financing for new and used equipment in the manufacturing, industrial, and technology sectors, with project sizes from $5,000 to $5 million and terms from 12 to 84 months serving A, B, and C credit clients. Complementing equipment financing, the firm delivers asset-based lending products (factoring, purchase order financing, sale/leaseback), capital and operating/FMV leases, startup financing, refinancing, vendor progress payments, and a small business working capital program. Operations span the US, Canada, and Latin America via direct sales, vendor partner networks, and a network of 60+ banks, finance companies, and hedge fund partners.
Product overview
Patriot Funding Corporation operates as a commercial finance company offering a diversified equipment financing product portfolio. The core offerings include equipment financing (new and used), capital leases with $1 purchase options, operating/FMV leases, and ABL products (factoring, PO financing, sale/leaseback). These are supplemented by customized financing packages, vendor progress payments, 100% financing, startup financing, and a new working capital program for small businesses. The company targets manufacturing, industrial, and technology sectors with project sizes ranging from $5,000 to $5 million and terms from 12 to 84 months, serving A, B, and C credit profiles across the US, Canada, and Latin America.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Financing Financing solutions for new or used equipment in the manufacturing, industrial, and technology sectors, with project sizes from $5,000 to $5 million and terms from 12 to 84 months, available to A, B, and C credit clients across the US, Canada, and Latin America.
- ABL (Asset Based Lending) Asset-based lending products including factoring, purchase order (PO) financing, and sale/leaseback arrangements, targeted at businesses with valuable tangible assets that need working capital rather than term equipment financing.
- Capital Lease Lease structure with a $1 purchase option at the end of the term, allowing businesses to own equipment while spreading payments over time.
- Operating Lease (FMV Lease) Fair Market Value lease option providing lower monthly payments with flexibility to return, upgrade, or purchase equipment at lease end.
- Startup Financing Financing solutions for new businesses, evaluated based on the strength of principals and understanding of the business plan rather than established credit history, priced at a premium relative to established business financing.
- Refinancing of Existing Debt Structures Debt restructuring service that allows businesses to refinance existing equipment loans to potentially secure better terms, rates, or cash flow.
- Working Capital Program New program specifically designed for small businesses to provide accessible working capital to support operations and growth.
- Vendor Progress Payments Financing arrangement that provides payments to vendors as equipment projects reach specified milestones during delivery or installation, sold to manufacturer clients and their end-buyer customers.
Quantifiable outcome
- Underwriting decisions rendered within 24-72 hours based on application completeness
- +2 more outcomes
Companies that use Patriot Funding Corporation
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
Patriot Funding Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Patriot Funding Corporation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Manufacturer PartnerscorePartnerships with multiple manufacturers worldwide as financing alliances for their clients, enabling vendor progress payments and coordinated equipment financing.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Patriot Funding Corporation competitors and assessment
Company assessmentDirect peers
- Balboa Capital: Direct competitor offering equipment financing and leasing to SMBs across A/B/C credit tiers with a multi-lender origination model, closely mirroring Patriot Funding's core business.
- National Funding: Alternative SMB lender offering equipment financing and working capital to small businesses across credit profiles — direct overlap in target customer and ticket size.
- Marlin Business Services: Provider of equipment financing and working capital solutions to small businesses, with comparable credit-tier coverage and equipment lease structures.
- GreatAmerica Financial Services: Large independent equipment finance lessor serving manufacturers, vendors and commercial customers; comparable product set including capital leases, FMV leases and vendor programs.
- Direct Capital Corporation: Equipment finance broker/lessor serving SMBs with a multi-channel partner lender network; competes head-to-head on equipment financing tickets in the $5K–$5M range.
Emerging players
- Fundbox: Digital SMB working capital and invoice financing provider; competes with Patriot Funding's working capital and ABL offerings through an automated, self-serve model.
- Currency Capital: Equipment financing marketplace connecting SMB borrowers with a network of lenders; an emerging digital alternative that overlaps Patriot Funding's broker model with a tech-enabled approach.
Broad incumbents
- DLL (De Lage Landen): Global vendor finance and equipment leasing subsidiary of Rabobank; competes in commercial equipment financing including manufacturing and technology verticals.
- Wells Fargo Equipment Finance: Bank-affiliated equipment finance provider serving middle-market and large corporate borrowers; competes for the upper end of Patriot Funding's ticket range.
- CIT Group: Large commercial finance bank providing equipment financing, leasing and asset-based lending to mid-market and SMB customers across multiple verticals.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Patriot Funding Corporation social profiles
Digital presencePatriot Funding Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patriot Funding Corporation leadership team
Management profileNumber of profiles
Profiles1 record
Patriot Funding Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patriot Funding Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patriot Funding Corporation
What does Patriot Funding Corporation do?
Patriot Funding Corporation is a commercial finance company that arranges equipment financing for new and used equipment in the manufacturing, industrial, and technology sectors, with project sizes from $5,000 to $5 million and terms from 12 to 84 months serving A, B, and C credit clients. Complementing equipment financing, the firm delivers asset-based lending products (factoring, purchase order financing, sale/leaseback), capital and operating/FMV leases, startup financing, refinancing, vendor progress payments, and a small business working capital program. Operations span the US, Canada, and Latin America via direct sales, vendor partner networks, and a network of 60+ banks, finance companies, and hedge fund partners.
Is Patriot Funding Corporation a public or private company?
Patriot Funding Corporation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Patriot Funding Corporation founded?
Patriot Funding Corporation was founded in 1999. It employs 1 to 10 people.
Where is Patriot Funding Corporation based?
Patriot Funding Corporation is headquartered in New York, United States, in the North America region.
How does Patriot Funding Corporation make money?
Five revenue lines are on record. Equipment Financing is the primary driver. The others are ABL Products (Asset Based Lending), lease Structures, refinancing and vendor Progress Payments.
Who are Patriot Funding Corporation's main competitors?
Direct peers on record are Balboa Capital, National Funding, Marlin Business Services, GreatAmerica Financial Services and Direct Capital Corporation. Emerging players are Fundbox and Currency Capital. Broad incumbents are DLL (De Lage Landen), Wells Fargo Equipment Finance and CIT Group.
Does Patriot Funding Corporation have an API?
No public API is recorded for Patriot Funding Corporation.
What industry is Patriot Funding Corporation in?
Patriot Funding Corporation's product category is Commercial Equipment Finance. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed). Its NAICS code is 52222 and its SIC code is 6172.