TBF Financial invented an industry—purchasing charged-off equipment leases.

Until 1998, Robert Boehm was a successful practicing attorney representing banks, finance companies and leasing companies. Robert observed that his leasing clients had accumulated uncollectable leases that they and their collection agencies could not collect. Robert believed that he could apply his training and experience as an attorney and convert those uncollectable leases into cash. Robert then organized TBF Financial for the purpose of buying charged-off equipment leases.

In 1998, there were no businesses which were buying lease charge-offs on a regular basis. TBF Financial was a pioneer.

It turned out that Robert’s vision was right. The leasing industry needs the services TBF Financial offers.

Today, TBF Financial is the premier buyer of charged-off equipment leases buying from the largest companies in the leasing industry.