36th Street Capital funded $14 million in equipment financing of rotary aircraft for a provider of medical air rescue and transportation services.
“The risk profile of this transaction did not fit well within the balance sheet of our bank originations partner,” Mark Horan, chief growth officer at 36th Street Capital, said. “We’re excited that we were able to work well together to meet the equipment financing needs of their client.”
36th Street Capital is an alternative funding source supporting the equipment finance industry.
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