Capteris, the large ticket equipment finance platform in alliance with Apollo Global Management, closed a $25 million finance lease for a private equity owned vegetation management company.
“Our client was looking at replacing multiple funding sources with a single source solution that could be cost effective, improve operational efficiencies and fund within an immediate timeframe,” Ben Bakke, vice president at Capteris, said. “Our team’s ability to provide a single source of capital for numerous asset classes across multiple geographies, while closing the transaction within one-week of award, highlights the differentiated value Capteris delivers for our customers.”
