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Stonebriar Commercial Finance closes a $23 million equipment lease

Posted 10/09/2017
Stonebriar Commercial Finance announced the closing of a $23 million single investor equipment lease with a global leader in specialty chemical manufacturing.  The subject asset is a chemical production plant comprised of inter-working reactors, heat exchangers, filters, processing columns, blowers, pumps, piping, instrumentation, and controls. The proceeds of the transaction were used for the lessee’s general corporate purposes.

Kyle Parks, Stonebriar’s Head of Direct Originations, stated, “The Stonebriar team, led by John Cyphers and Jason Farr, worked creatively and collaboratively with the client to craft a structure that met the desired objectives.” Kyle added, “This transaction highlights our unique ability to deliver timely capital solutions to complex structured leasing requests.”

About Stonebriar Commercial Finance: Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX.  With financial backing from Security Benefit Corporation and Eldridge Industries, Stonebriar is building a world class, multi-billion dollar platform of commercial loans and leases.  Stonebriar specializes in transactions for businesses in a wide variety of industries (Aviation Capital, Rail Leasing, Essential Properties, NonBank Lender, marine, transportation, manufacturing, energy, etc.) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions. To learn more about Stonebriar Commercial Finance go to www.StonebriarCF.com.

For more information contact:

Kyle Parks:
(469) 609-8525
Kyle.Parks@StonebriarCF.com

John Cyphers:
(410) 925-6445
John.Cyphers@StonebriarCF.com
Related Resource http://stonebriarcf.com/
Author
Mark Gibson
Organization
Stonebriar Commercial Finance
Phone Number
469-609-8504