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Stonebriar Commercial Finance Closes a $50 million Lease

Plano, TX (March 9, 2021) ― Stonebriar Commercial Finance (“Stonebriar”), a large-ticket independent diversified commercial finance and leasing company, announced the closing of a $50 million sale and leaseback of certain casting furnaces and metal fabrication equipment with a leading aerospace parts producer of structural castings and engine components. The lease proceeds provide the company with additional liquidity for general corporate purposes as it navigates through the recently challenging market conditions. This is the third transaction Stonebriar has completed with the company, providing in aggregate over $75 million in capital since 2017.

Michael Gay, Sr. Managing Director of Sponsor Finance Group at Stonebriar, stated, “As one of the industry’s leading manufacturers of engine components to the aerospace, defense and industrial gas turbine markets, our client is well positioned to withstand the unprecedented worldwide dislocation of markets.  We value their scale and position within its core markets, as well as the management team and the sponsors’ support of the business.” 

Dirk Stock, Vice President at Stonebriar, added, “We have confidence in the management team’s ability to execute its operating plan in the current environment, and in the essentiality of the leased assets.”

About Stonebriar Commercial Finance: Stonebriar, an Eldridge business based in Plano, TX, is a leading provider of financing solutions for businesses in a wide variety of industries, of various sizes and credit profiles.  Stonebriar leases and finances assets located primarily in North America and select other jurisdictions worldwide currently through 5 distinct platforms—General Equipment, Aviation Capital, Rail Leasing, Real Estate and Sponsor Finance.  To learn more about Stonebriar Commercial Finance please visit

About Eldridge: Eldridge invests in businesses across the Insurance, Credit, Technology, Real Estate, Sports, Media, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge please visit

For more information contact:

Michael Gay:                          (415) 518-1312 

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