Capteris, the large ticket equipment finance platform, closed a $30 lease commitment to a sponsor-owned provider of equipment and rental servicers. The transaction included a $15 million refinance of existing assets along with a $15 million lease line for upcoming capital expenditures.
“This is our fourth transaction that Capteris has funded for this financial sponsor, who selected Capteris due to our ability to provide meaningful capital commitments at attractive advance rates. Most importantly, there was trust with Capteris and our proven ability to close with certainty of execution,” Ben Bakke, vice president of originations at Capteris, said. “Providing immediate capital to reimburse for previously acquired assets along with an approved lease line for future growth were key priorities for the company and their ownership.”
