Flexible Capital Solutions for Essential Operating Assets
Northbase provides structured capital solutions for essential-use equipment. We specialize in secured leases and asset sale-leasebacks for equipment-heavy businesses across North America.
About Northbase
Northbase Finance Inc. is an independent North American equipment finance platform providing asset-backed capital solutions for critical operating equipment across the energy, power, energy transition, and commercial and industrial sectors, including compression, power generation, process equipment, CNG and LNG applications, and related energy infrastructure.
The Company acquires and finances new and in-field equipment through a variety of structures, including leases, rentals, progress payments, sale-leasebacks, and other financing arrangements.
Backed by institutional capital, Northbase provides operators, OEMs, equipment providers, sponsors, and financial intermediaries with an alternative to traditional bank, captive-finance, or rental-company programs that may be constrained by terms or complexity. Northbase can offer longer-dated terms, higher advance rates, operational flexibility, and customized financing structures and covenant packages aligned with each asset’s use, economics, and cash-flow profile.
Our Asset Focus
Northbase focuses on the following asset classes where it has a deep industry knowledge and unique underwriting capabilities.
Energy & Midstream
Natural Gas Compression Packages
- Gathering and transmission
- High Pressure gas-lift
- Vapour recovery units
Surface Level Infrastructure
- Liquid processing and tanks
- Processing
- Fixed and mobile gas processing plants
- Water handling facilities
CNG/LNG
- Mobile and fixed assets
- Transportation
- Processing
Power & Clean Energy
Medium to Large Scale Mobile Power Generation
- 300kW to 2MW+ natural gas reciprocating
generation packages - Flare gas mitigation (waste gas)
- 1-20MW+ natural gas turbine packages
- Cogeneration power/waste heat applications
- Transformers
Industrial & Commerical
Heavy Equipment
- Excavators and earth moving equipment
- Front-end loaders
- Cranes
- Forklifts
- Ancillary yellow-iron equipment
Structures
Our unique business model enables clients to retain operational control over essential operating assets to minimize workflow disruptions and to maximize efficiency and productivity. We provide flexible solutions in three primary avenues.
Newly Constructed Equipment Capital or Finance Lease
Asset Sale-Leasebacks
Equipment Rentals (Operating Leases)
Construction & Progress Payment Financing (WIP)
The Northbase Advantage
Given our unique ability to underwrite, Northbase is the preferred partner for critical operating asset financing.
- Longer terms
- Higher loan to value (LTV) as compared to a traditional lender
- Ability to finance equipment that is designed to customer specification (vs stock / fleet units)
- Customized structures
- Client retains operational control of asset and, depending on structure, outright ownership at the end of term
- Limited upfront costs and high speed of transaction completion
- Simplicity of transaction: no restrictive covenants, no ongoing review costs, limited reporting
- Flexible, simple, interim period buyout options at attractive price
- Tax and other credit deductibility retained by the customer
- No dilutive warrants or equity participation required
- Larger transactions supported by institutional capital
The Northbase Advantage
Given our unique ability to underwrite, Northbase is the preferred partner for critical operating asset financing.
- Longer terms
- Higher loan to value (LTV) as compared to a traditional lender
- Ability to finance equipment that is designed to customer specification (vs stock / fleet units)
- Customized structures
- Client retains operational control of asset and, depending on structure, outright ownership at the end of term
- Limited upfront costs and high speed of transaction completion
- Simplicity of transaction: no restrictive covenants, no ongoing review costs, limited reporting
- Flexible, simple, interim period buyout options at attractive price
- Tax and other credit deductibility retained by the customer
- No dilutive warrants or equity participation required
- Larger transactions supported by institutional capital