2025 Funding Source: 1st Source Bank’s Specialty Finance Group

1stsource.com/sfg

1st Source Bank’s Specialty Finance Group (Monitor Bank 50 ranked No. 20) has been funding vehicle fleets since its founding in 1976 as part of a Forbes top ranked (No. 26) bank with roots dating to 1863. We have funded Aircraft since 1986 and Construction Equipment since 1990. Our long term relationship approach, expertise and commitment to timely quality service, makes a positive difference for our clients. As a closely held, publicly traded bank, with strong capital and reserves, plus a Bauer 5-star rating (highest safety rating), 1st Source Bank also remains a prudent place for clients to maintain deposit accounts.

Member FDIC. Subject to credit approval. Equal Housing Lender.

GENERAL INFORMATION

Company Type
Bank

Trade Associations

• ACRA
• NBAA
• VAI
• NVLA
• IADA
• AED
• CLFP
• NAFA

In Business Since
1976

FUNDING INFORMATION

Funding Source Type
• Lender
• Lessor

Source of Funds
Internal

Special Services
• Application Only Programs
• Custom Structures
• Portfolio Purchases
• Titled Vehicles

TRANSACTION PROFILE

Deal Size Range
$50K-$45MM

Term
1-10 Years Depending on Collateral

Average Term
24-72 Months

Products Offered
• EFA
• Finance Lease
• FMV
• Lease Intended as Security
• Leveraged Debt
• Lines of Credit
• Loans
• Operating Lease
• Sale/Leaseback
• Split-Trac
• Synthetic Loans
• TRAC
• True Lease
• Direct Funding to Commercial Lessors

Scope of Geographic Activity
United States as well as Brazil, Mexico and Canada for Aircraft

TRANSACTION PREFERENCES

Asset Categories
• Vehicle fleets, trucks, trailers, vocational and waste disposal
• Turbine powered aircraft and helicopters
• Construction equipment and cranes

Credit Quality
• Near Investment Grade
• A Quality
• B Quality

HELPING OUR CLIENTS ACHIEVE SECURITY, BUILD WEALTH AND REALIZE THEIR DREAMS