The Rankings — Top Five
With Ascentium Capital out of the running after it’s acquisition by Regions Bank, Stonebriar Commercial Finance easily took the lead, becoming the No. 1 Top Private Independent with $1,433.1 million in 2020 new business volume, which was up 16.7% from the $1,228 million reported in 2019. Stonebriar’s direct channel activity dropped $85.7 million (-8.8%) year over year, providing 62% of its total volume, while its indirect channel grew by $290.8 million (116%), contributing 38% of its total originations. The bulk of Stonebriar’s volume was large-ticket (96%), with the remaining 4% coming from mid-ticket equipment.
Click here to read more about the rankings: https://www.magazine.monitordaily.com/standing-strong-after-the-storm-monitors-top-private-independents-achieve-91-growth-in-2020