ELFA - Equipment Leasing and Finance Association - Equipping Business for Success
FUYO GENERAL LEASE (USA) INC.
733 Third Avenue
20th Floor
New York, NY 10022-6017

Yoshimitsu Kubono (Primary Contact)
(212) 867-1008 (Phone)
none given (Mobile)
y-kubono@fgl-usa.com

Yoshimitsu Kubono (Alternate Contact)
(212) 867-1008 (Phone)
y-kubono@fgl-usa.com

Last Update:
03/20/2024


Fuyo General Lease (USA) Inc. is a: Buyer


Type of Company:

Independent


The company's core business focus:

Fuyo General Lease (USA) Inc., was established in 1988 as a wholly owned US subsidiary of Fuyo General Lease Co., Ltd., a Japanese leasing company, listed on the Tokyo Stock Exchange with the consolidated operating assets of approximately $22 billion. Since its establishment, Fuyo USA has achieved steady growth by focusing on its core business - providing asset based finance, either directly or indirectly, to the corporations in the US, Canada, Mexico and Europe. As a buyer or non-recourse lender, we extend credit to the following entities: (i) US, Canadian, Mexican and European corporations with credit rating of BB+/Ba1 or higher by S&P and/or Moody’s (including corporations without credit rating but with excellent financials equivalent to investment grade); and (ii) Subsidiaries of Japanese companies (no credit rating required). Our liquidity supported by the sound and healthy Japanese financial system enables us to offer the terms and conditions that are attractive and competitive in the current market. We will flexibly consider any length and size of deal and any type of assets, including soft assets or equipment in foreign locations. Although we are basically a credit lender, we also consider equity investment in residual portion of FMV leases. If you encounter any transactions that fall into our aforementioned criteria, please feel free to contact our team of experienced professionals as follows: (NY HQ) Mr. Yuto Kanai, Vice President Email: y-kanai@fgl-usa.com Cell: 347-410-4402 Mr. Yoshi Kubono, Assistant Vice President Email: y-kubono@fgl-usa.com Cell: 347-446-5117 (LA Branch, which covers the west coast) Mr. Iori Yamashita, Vice President Email: i-yamashita@fgl-usa.com Cell: 347-225-1844

Type of FundingSource/Buyer
Lender
Investor


Source of Funds

Annual Volume Funded

0-20 Million


Individual Transaction Size

The range of transactions the company will fund/purchase:

Highest
$50,000,000.00
Average
$1,000,000.00
Lowest
$100,000.00


Lease Structures
Conditional Sale/Money-Over-Money
Debt
Equity
Operating Lease
Real Estate
Sale/Leaseback


Lease Terms
Longest 84
Average 48
Shortest 12


Funding/Buyer Programs
The company provides these types of financing:
Buy Paper from Brokers
Buy Paper from Leasing Comp
Buy Paper:S. I. D. Sub to Appr
Discount-Nonrecourse
Discount-Recourse
Debt Side of a Leveraged Lease
Fund Leases Individually
Other
Purchase Portfolios

Our company DOES originate paper.
We DO syndicate or sell paper. Details: Our policy is held-to-maturity; however, we would optimize our portfolio size from time to time.

Syndications / Portfolios:

Flexible with the type of structure and equipment.

Equipment Types
  Prefer Will Will Not Not Specified
Agricultural      
Aircraft      
Automobile      
Broadcast/Video      
Buses      
Cable/Communications      
Construction      
Emergency Vehicles      
Furniture/Fixtures      
Gaming      
Graphic Arts      
Intermodal      
Laundry/Drycleaning      
Machine Tool      
Marine      
Material Handling      
Medical      
Mining      
Modular Buildings      
Oil and Gas      
Packaging/Plastics      
Project Finance      
Rail      
Real Estate      
Recreation/Fitness      
Recycling      
Renewable Energy      
Restaurant      
Retail      
Software      
Technology      
Trucks and Trailers      
Utility      
Waste Removal      
 
Credit Criteria

Percentage of fundings/purchases (by equipment cost) from:

Investment Grade 80%
Near Investment Grade 15%
Middle Market 0%
Lower Middle Market 0%
HLT 0%
Start-ups/Venture 0%
Taxes Exempt Leasing 0%
Municipal/Government 5%
Other 0%


Our Company is a(n):

Asset-Based Lender

Special Requirements
The Minimum Credit Criteria of Obligors:


Soft Asset Policy:
Yes

Industries Most Interested in Funding/Purchasing:


Industries Will Not Fund/Purchase From:
Real estate developer, casino and commercial airline.

Lessor and/or Broker Requirements:


ELFA Business Councils
Independent Middle Market
Small Ticket

Start of Fiscal Year
January