Rail Leasing and Financing

Apple Capital Group have completed in excess of $300 million of railcar, locomotive, and right of way/infrastructure transactions in the rail industry.

Our typical transaction involves $10 million of equity or less, and the underlying equipment is usually railcars or locomotives subject to leases with a remaining term of less than 7 years. Unlike many lessors we have great flexibility as to structure, having completed straightforward acquisitions as well as forward purchases, residual options, and unsecured positions. Our flexibility allows us to look at all types of equipment, and although we focus on equipment that will be less than 35 years old at lease expiry, we may consider older equipment and scrap or reconfiguration opportunities. We have experience in having locomotives rebuilt and repositioning railcars into different types of service.

As per our philosophy Apple Capital Group is less focused on the tax driven, typically new equipment financings. Recent transactions involve equipment in niche sectors within rail where although the equipment is not new, it may well be in the first third or half of its useful life.

Covered Hopper Cars
Tank Cars
Pressure Differential Covered Hopper Cars

Suitable for the transport of grains, processed grain co-products, cement, sand, roofing granules, fertilizers, dry chemicals and minerals. A variety of general-purpose tank cars for the transport of liquid commodities or solids liquefied prior to unloading. Chicago Freight Car Leasing’s tank cars are equipped with coils and insulation to assist the unloading process, and can be lined for protection of the tank shell or product purity. Suitable for dry bulk product transport. It provides closed loop air assisted unloading when gravity is not enough and/ or where product exposure to an open unloading system is not wanted. Flour, starch, clay, talc, lime, dry chemicals and minerals are commonly transported in these cars.

Open Top Hopper Cars
Flat Cars
Mill Gondola Cars

These are rugged small and large cubic foot open top hopper railcars. Our small cubic foot aggregate hopper cars are designed to transport industrial minerals, crushed rock, ballast, gravel and sand products. Large cubic foot cars can accommodate light density products such as woodchips, light weight scrap metal, municipal waste and construction/demolition debris. Forestry products (e.g. logs, lumber), pipes, flat steel and a variety of construction and general merchandise products are commonly transported in these cars. Versatile gondola railcars can be configured to transport scrap metals, steel ingots, sheet steel, pipes and other metal products.

For more information about our Aviation Leasing and Financing, please contact one of our loan officers at 866-611-7457 FREE Ext. 1