Capteris LLC., the large ticket equipment finance provider, has announced the closing of a $10 million lease line for a private equity owned professional landscape management firm. The transaction included a combination of both new and existing assets as the company focuses on leveraging recent equipment purchases to help fund strategic acquisitions as part of their broader growth strategy.

Rob Bakke, Managing Director, Sponsor Coverage team at Capteris, stated, “Our risk and operations teams approved, documented and funded within a week of getting the mandate. A flawless execution and simple closing process were essential to the CFO, as their focus is on making and integrating acquisitions, not getting bogged down in traditional equipment financing closing processes. As the company continues to expand both organically and via acquisition,  Capteris will support future capital needs with a long-term relationship approach. Specifically, delivering large commitments and a simplified closing process.”   

About Capteris

Capteris, in strategic alliance and financial backing via funds managed by Apollo Global Management, provides large ticket equipment finance solutions targeting the midmarket, large corporate, and sponsor finance segments. With strong financial backing, flexible custom solutions, and deep domain expertise, Capteris is an attractive alternative to traditional equipment finance providers. From leases and loans to refinancing and asset-backed debt solutions, Capteris offers competitive products and attractive structures to meet the needs of their individual clients.