Stonebriar Commercial Finance provided a $10 million, 36-month finance lease for new servers, switches, networking and data center infrastructure critical to a lessee.
The lessee is a provider of outsourced customer relationship management (CRM) and accounts receivable management (ARM) services to domestic and international customers in the financial services, telecom, healthcare, retail and government end markets.
“Stonebriar was pleased to provide attractive equipment financing which allowed our lessee to continue its significant global growth,” said Steve White, Stonebriar’s senior managing director.
Since its inception in April, Stonebriar has funded over $130 million in new business with another $160 million in approved backlog.
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