Private lenders to billboard and digital sign companies since 1997. No loan is too small.
Wednesday, April 30, 2025
Billboard Loans Management, LLC has launched Billboard Loans Fund Three, LLC, an income-oriented loan and investment fund which commenced operation on June 1, 2022. The fund was formed with capital from accredited investors, supplemented by a line of credit from Washington Trust Bank. The fund seeks senior secured out of […]
From time to time we get asked what sectors we lend to. Billboard loans makes loans to: out of home advertising companies which operate a billboard bulletin or poster plant. digital billboard companies. transit advertising companies 8 sheet companies which operate small billboards. We avoid the following loans: Radio station […]
Now is a good time to refinance and extend your out of home company’s credit lines. Bank loan chargeoffs have been extremely low for the past 4 years. In response, banks are loosening credit terms and reducing loan spreads. Lower cost loans and easy credit terms will disappear when the […]
Here are four tips when seeking out of home financing: look for debt before you need it, cultivate multiple lenders, know your lender and don’t borrow too much. One: Look For Debt When You Don’t Need It. Start talking to lenders before you need them. It will allow you to […]
It has been a while since Insider has checked in with Kalil, how is business? Good to hear from you Dave. Business has been strong. We have had two closings so far in July, and have a few more upcoming shortly. Can you tell us about the deals? Certainly. A […]
Jim Johnsen of Johnsen Fretty interviewed Dave Westburg of Billboard Loans about billboard lending. We’ve reproduced the interview below. Dave, you’ve done a terrific job building Billboard Insider into a great source of information. I enjoy reading it first thing each morning. I feel very honored to sit in your seat […]
Max Drachman is a outdoor advertising industry investment banker with Kalil and Co. We interviewed Drachman about about trends in the outdoor advertising M&A market. Max, have you closed any transactions since the last time we checked in with you in early September? Yes, we have closed four more deals […]
Public outdoor company valuations shrank slightly during the third quarter of 2016 as this chart demonstrates: Public Company Outdoor Values September 2016 The average revenue multiple for the four public outdoor companies shrank from 3.74 times to 3.60 times. JCDecaux, Clear Channel Outdoor and Outfront trade at a lower revenue […]
Billboard Loans has seen a lot of small outdoor companies who don’t have shareholder succession agreements. This is a big mistake. We’ve had two lending clients die suddenly. In each case their company was protected by a succession plan which allowed the business to function without disruption. What should a […]
Almost all equipment leasing companies except Billboard Loans have prepayment penalties. Sometimes the prepayment penalties are called yield maintenance clauses. Sometimes the prepayment penalty is a fixed % of the lease amount (5% in year 1, 4% in year 2, 3% in year 3…). The death penalty prepayment clause says […]
