Allegiant Partners said it recently completed two small-ticket equipment leasing portfolio purchases for a total receivable balance of $5 million. Chris Enbom, CEO of Allegiant Partners stated,”We closed both transactions without legal or other expenses usually associated with portfolio purchases. We continue to be on the lookout for unusual situations.”

Enbom continued, “Allegiant Partners continues to close small, relatively complex portfolio purchases. We have been able to quickly and efficiently evaluate, document and fund portfolio transactions involving independent leasing companies and bank lenders interested in selling loan positions at a discount.”