SCF Provides $23MM Lease Financing for Ethanol Facility
Stonebriar Commercial Finance announced its $23 million participation in the funding of a $33 million lease financing for an ethanol facility owned by a major international company.
Steve White, Senior Managing Director and Head of Capital Markets, stated "this was a very complex transaction that required the full support of Stonebriar's strong team." White added, "Our chief risk officer, Jeff Wilkison, was instrumental in understanding the industry and asset. I am delighted that we were able to approve and close the transaction in under three weeks."
Stonebriar has financial backing from Topeka, Kansas based Security Benefit Corporation, which has more than $28 billion in total assets under management. Stonebriar provides financing solutions to a broad range of middle market and large business enterprises in the United States, Canada, and select foreign jurisdictions.
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