Stonebriar Commercial Finance announced that John Cyphers has joined the company as Director of Originations covering the Eastern Region, managing Stonebriar Commercial Finance’s origination efforts in that area. This hire continues Stonebriar’s buildout of its U.S. direct origination team with future growth planned for the Pacific Northwest, West, and Southeast regions, as well as Canada and Australia.
Cyphers joins Stonebriar from Element Financial Corporation where he was Regional Growth Leader for the fleet equipment finance team. John has in excess of 20 years of experience in the finance industry with the majority of that time being spent at GE Capital. While at GE Capital, John was a sales leader for the Mid Atlantic Enterprise Team where he led a team that delivered over $2.0 B in volume in 24 months. He also held leadership positions in GE Capital’s Federal Finance platform as well as in their Capital Markets Group. In addition to his positions in the finance industry, Mr. Cyphers also spent 16 years managing a regional heavy highway and asphalt contractor. He holds a BA and MBA from Loyola University Maryland.
“We worked with John often during his tenure at GE Capital and feel very fortunate to be able to add a professional with John’s background to the Stonebriar team,” stated Dave B. Fate, President and CEO of Stonebriar. “His extensive experience with customers in our target market will help us build our brand in that region of the country.
“I am very enthused to join Dave and his team. My background is an excellent fit with the goals of Stonebriar and I look forward to many years of success with the company.” said Cyphers. “SCF, in my opinion is in the right place at the right time.”
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, 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 (Business Aviation, Rail Leasing, Realty Capital, marine, transportation, manufacturing, energy, etc.) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.
About Security Benefit Corporation: Security Benefit has more than $28 billion in total assets under management and partners with more than 30,000 licensed and appointed financial planners and representatives through a network of 700 broker/dealers and independent marketing organizations. In addition, Security Benefit Life Insurance Company (“SBL” and its New York affiliate, First Security Benefit Life Insurance and Annuity Company of New York (”FSBL”), provide fixed and variable annuities to approximately 230,000 policyholders. We are known nationwide and serve the financial needs of customers in all 50 states. To learn more about Security Benefit go to www.securitybenefit.com.