Here is Billboard Insider’s list of lenders to out of home companies. We compiled the list after reviewing public company filings and talking with investment bankers and out of home executives.
Most of the lenders on the list only make large loans ($15 million and more).
Landmark Capital makes loans of $1 million and more nationwide. Insider thinks there’s a middle market funding opportunity for out of home loans of $1-15 million. A number of lenders who occupied this niche have gone up market or ceased out of home lending due to corporate reorgs.
Three lenders (Billboard Loans, Geneva Capital, Landmark and Stark Capital) make small out of home loans of $1 million and less nationwide
Many regional and community banks will make out of home loans on a case by case basis, often on the strength of their ties to an out of home company owner and the owner’s credit-worthiness. They may limit loans geographically.
Bank | Website | Lending Clients and Criteria |
Amalgamated | www.amalgamatedbank.com | Lamar |
Banco de Sabadell | www.grupobancosabadell.com | Lamar |
Bancorp South | www.bancorpsouth.com | Lamar |
Bank of America | www.bankofamerica.com | Lamar and Outfront |
Bank of Nova Scotia | www.scotiabank.com | Lamar |
Bank of Tokyo-Mitsubishi | www.bk.mufg.jp/global | Outfront |
Billboard Loans | www.billboardloans.com | Small Loans of $1 million and less. |
Capital Bank | www.capitalbank-us.com | Lamar |
Capital One | www.capitalone.com | Lamar. Target hold $50-150 million. Technology, media and telecom group. |
Chystal Financial | www.crystalfinco.com | Standard Outdoor. Seeks loans of $10 million and up |
Citibank | www.citigroup.com | Clear Channel Outdoor |
Comvest Partners | www.comvest.com | Big Outdoor |
Crescom Bank | www.haveanicebank.com | Grey Outdoor. Regional bank making small loans in SC and NC |
Crestline Specialty Finance | www.crestlineinvestors.com | B Media Group. Seeks loans of $15 million and more. |
CTBC | www.ctbcbankusa.com | Lamar |
Credit Suisse | www.creditsuisse.com | Clear Channel Outdoor |
Deutsche Bank | www.db.com | Outfront, Clear Channel Outdoor |
First Hawaiian | www.fhb.com | Lamar |
First Security Bank | www.fsbank.com | Ashby St Outdoor. Regional bank headquartered in Arkansas. |
Geneva Capital | www.gogc.com | Small leases for digital billboards |
Goldman Sachs | www.goldmansachs.com | Outfront |
JP Morgan | www.jpmorgan.com | Lamar, Outfront, Clear Channel Outdoor Has media and entertainment group. |
KeyBank | www.key.com | Yesco |
Landmark Infrastructure | www.landmarkmlp.com | Small loans |
Liberty | www.liberty-bank.com | Lamar |
Mizuho | www.mizuhobank.com | Lamar, Outfront |
Monroe Capital | www.monroecap.com | Has media team. Seeks out of home loans with EBIDTA of $3 million+ |
Morgan Stanley | www.morganstanley.com | Lamar, Outfront |
Newtek | www.newtekone.com | Busby Companies. Makes loans of $10,000 to $10 million. |
Regions | www.regions.com | Lamar |
Sumitomo Mitsue | www.smbcgroup.com | Lamar, Outfront |
Stark Capital Solutions | www.starkcapitalsolutions.com | small loans of $1 million and less. |
SunTrust | www.suntrust.com | Lamar |
Synovus | www.synovus.com | Lamar |
United Bank | www.bankwithunited.com | Lamar |
US Bank | www.usbank.com | Lamar, Outfront, Reagan. Has Telecom and Media group |
Wells Fargo | www.wellsfargo.com | Lamar, Outfront. Has tech, media and telecom group. |
Whitney | www.hancockwhitney.com | Lamar. Regional bank in Louisiana |
Want to add an out of home lender to the list? Contact Insider using the form below.
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