CG Commercial Finance (CGCF) announced it completed a lease in the amount of $4,190,000 for CNC machine tools and production equipment. The lessee is a 65-year-old family-run business that utilizes the equipment to manufacture complex fabricated parts for aerospace and land-based gas turbine components. The equipment will be located in the company’s new expanded facility to meet increased global demand.

W. Scott McCullum, president of CG Commercial Finance, said, “Our client has a robust and growing manufacturing business. While CGCF has typically focused on larger enterprise transactions, we have been expanding our business by adding significant large-ticket transaction expertise to the middle market. This is currently an underserved marketplace and a recent strategic market expansion for CGCF.”