Dave is the Founder, President and Chief Executive Officer of Stonebriar Commercial Finance providing leadership and oversight over all aspects of the business. With over 35 years of industry experience, Dave created and launched Stonebriar with capital backing from Eldridge Industries and Security Benefit Corporation in March of 2015. Dave currently leads a team of 47 professionals focused on originating transactions through multiple channels including direct clients, OEMs and strategic partner relationships. Stonebriar provides lease and finance products to a wide range of industries including rail, aviation, marine, transportation, energy, manufacturing and real estate.

Since launching Stonebriar he has led the team on a phenomenal growth trajectory culminating in Stonebriar achieving an investment grade corporate credit rating while building a highly profitable $3 billion portfolio. During that time Stonebriar has issued seven ABS transactions approximating$3.5B with the top traches rated AAA on the last four issuances. Stonebriar is proud to have over 50 institutional investors including some of the largest global asset managers, pension funds and insurance companies. In October 2019 Stonebriar completed its inaugural $150M Investment Grade Unsecured private placement to further diversify its funding sources. Dave previously played key leadership roles in the successful startup of $3.5B AIG Commercial Asset Finance and $3.2B Transamerica Equipment Finance.

He began his career in 1982 as a credit analyst with CIT in Wichita, KS. Dave has been a strong ELFA industry advocate during his career having served on various ELFA committees, the board of the ELFA Foundation and is currently a member of the ELFA Executive Committee. He currently is actively involved in the ELFA’s Emerging Talent and Women’s Counsel initiatives. In 2018 Dave was awarded the first ever Monitor MVP award, and Goldman Sachs recognized him as one of 2020’s 100 most intriguing entrepreneurs.

Dave.Fate@StonebriarCF.com

(469) 609-8501