Try George Istfan in Raleigh, NC. (george at itoncall.net). He did some hardcore ground up work for me a few years ago.
Feel free to let him know I referred you!
Chris Raley
Executive Vice President
Ralco Leasing, Inc.
2842 TV Road
P.O. Box 6313...
• 1990 - University of South Carolina – Conway - English Major.
Ceased studies in Senior year in order to join family business
• 1990-1994 – Peterbilt of Florence – Finance & Insurance Manager
Culminated in $12,000,000 volume (single store) and $1,000,000 net written premium in insurance sales.
• 1995-1997 – Raley Peterbilt Group (formerly PB Florence (SC), PB Dunn (NC), and PB Savannah (GA) – Corporate Finance and Insurance Manager
Between 1994 and 1997 accomplished 3 tasks: 1) centralized F&I operations in Florence location, 2) established and oversaw leasing operation (POF Leasing), 3) increased retail finance & leasing volume to $45,000,000 in 1997; POF Leasing portfolio valued @ $3,200,000 with 12.5% security; overall delinquencies under 3% (31 & over .7%).
• 1996-1997 – Classic Carriers, Inc. – General Manager
Oversaw daily operation of closely held trucking company owned by Dealer Principal. Oversaw termination of operations and disposition of assets (108 tractors, 220 trailers), working closely with company creditors in order to ensure all obligations met and satisfied.
• 1997-12/1999 – Raley Peterbilt Group – General Manager – PB Florence
1997-12/1999 – Raley Peterbilt Group – Vice President Operations /Chief Operations Officer
Oversaw daily operations of highly successful Peterbilt store in Florence, S.C. Became partial owner end of 1998; continued to oversee Florence store in addition to working with other owner managers in oversight management of other PB Dunn & PB Savannah.
• 01/2000-07/2000 – Raley Peterbilt Group – Vice President Sales & Finance
Oversight responsibility for sales & finance operations for all stores. Responsible for expansion planning (Coastal PB (Conway) & Charleston (SC) PB). Responsible for implementing core PACCAR programs into dealer network, including Six Sigma, PAC/Lease, Standards of Excellence, Red Oval Used Truck Program, Truck Care Maintenance Programs, among others.
• 08/2000- 11/2007 – First Prime Capital, LLC – Managing Member
Overall responsibility for all aspects of $30MM small ticket equipment leasing operation from inception.
01/2004 forward responsible for “front end” of operation.
• 01/2007- 11/2007 – Lender’s Remarketing Group, LLC – Managing Member
Overall daily management responsibility for this transportation industry asset remarketing company owned by First Prime Capital.
• 11/2007-10/2008 – Transportation Capital, LLC / Member / Vice President Sales
Daily sales management responsibility for this transportation industry-focused small ticket leasing & finance company.
• 06/2006-Present – C. H. Raley Sr. Trust / Co-Trustee / General Manager
Overall daily management responsibility for this property management and investment company.
• 11/2008 - Present – Ralco Leasing, Inc. / Executive Vice President
Overall management responsibility for this hard-asset small ticket leasing & finance company.
Married (wife, Christy) with 4 children (expecting #5 June 2009) residing in Florence, S.C.
Chris, you would talk to me. We are not doing any rolling stock at this point and we generally require $2mm minimum net worth to consider UNL structures. Giv eme a call if you think there might be a fit.
Sorry, I've only been to Florida on business and I don't think I know Gerald. I read your bio and I also don't think our paths have crossed over the years. Now that they have, I'm sure to remember Chris Raley from S.C. that has time in his busy career to have a wife, five children and still have time to ride a motorcycle...proof that you can have it all! Best of luck in all your endeavors. Lynn
Hi Chris
I see from your resume that you have extensive experience in the dealer truck business. DLL work as a vendor finance provider: we do not do customer direct business and are not resourced for it. We are always interested to talk to large dealers and manufacturers on a programme basis.
Best Wishes
Thanks Chris, I look forward to seeing what you have on this one. I just met with a leasing company that has one they want us to chase in NC also. By the way, do you look at deals on a national or just regional basis?