Gordon Brothers provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million.
The provider will use the equipment in support of its precision manufacturing, fabrication and assembly services for the aerospace, defense and power generation industries.
“As a market leader in valuation and disposition services equipped with the industry’s largest asset database, we leverage our financing expertise to qualify and quantify risk and opportunity and undertake transactions traditional lenders and lessors cannot,” Dennis A. Bolton II, senior managing director, head of North America equipment finance at Gordon Brothers, said. “By delivering rapid liquidity solutions and hands-on support, we partner to help clients manage through operational challenges and market cycles to transform their businesses.”
