Created and led by Vincent A. Kolber, the Residual Based Finance Corporation, also known as RESIDCO, is celebrating 20 years of success in the transportation equipment investment management industry.

Based in Chicago, RESIDCO has been a pioneer in creatively structuring and managing asset risk for its clients in both the aviation and rail industry sectors, providing portfolio marketing, lease structuring, and acquisition and remarketing services to lessors and lessees.  Over its history, RESIDCO has closed over $1,000,000,000 worth of transactions with clients in North and South America, Asia and Europe.

When asked the secret to his success and longevity, Mr. Kolber stated:

“These would be top among many lessons learned:  surround yourself with the most intelligent people you can find; maintain zero tolerance for unethical behavior; be able to constantly reinvent strategy and tactics; and hold a belief in realism as the best foundation upon which to place your vision.”

RESIDCO’s motto is “Honesty and Equitable Dealing”.