Stonebriar Commercial Finance closed $25 million in lease financing for EMS helicopters for a transportation company. Proceeds of the transaction were used to refinance existing leases following a change in company ownership.
Steve White, EVP of Stonebriar, said, “The Stonebriar team moved quickly, was very flexible as the transaction developed and was able to meet the CFO’s timeline to close on 13 EMS helicopters at a structure and rate acceptable to both parties.”
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.
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