Tag: rickard strom

Verde Outdoor Capital, Year in Review

As we close out 2022, we’re reflecting upon the accomplishments our team at Verde Outdoor Capital achieved throughout the year. And despite financial turbulence and uncertainty in the market, we look forward to the possibilities and opportunities in 2023. Verde Outdoor Capital ended the year with a total portfolio commitment […]

A New OOH Lender: Verde Outdoor Capital

Startup Verde Outdoor Capital, LLC is seeking to make loans of $1-$50 million to out of home owners and operators.  Billboard Insider talked with Verde Outdoor Capital President Rickard Strom. On forming Verde Outdoor Capital I’ve been a commercial lender for 20 years.  I have always liked helping small to […]

How OOH Lenders Are Reacting to Coronavirus

The economy and the OOH industry has had a strong run over the last ten years.  Cash flows are strong, profits are up and our values have been at all time highs. It has been good times for banks too, especially in the last two years. Their profits have been […]

Metro Phoenix Bank Targets $1 to $10 Million Out of Home Loans

Few banks understand the market for small out of home loans.  Metro Phoenix bank is changing that with a strategy which is targeting $1-10 million out of home loans nationwide.  Metro Phoenix bank is a member of the OAAA.  Insider talked with Metro Phoenix founder and CEO Steve Haggard about […]