36th Street Capital funded a $4 million lease financing of cranes and additional mission critical equipment for a national engineering company focused on building infrastructure and renewable energy facilities in the U.S.
Mark Horan, chief growth officer of 36th Street Capital, said, “We, and our lessor partner who originated this transaction, are very excited about this closing. It again validates that we are meeting the need in the market for alternative capital. By funding more challenging credits such as this, we help lessors grow originations while also supporting US companies that are unable to obtain traditional financing.”
36th Street Capital is an alternative funding source supporting the equipment finance industry. The firm specializes in middle-market transactions spanning the CCC to BB+ credit spectrum.
Tariffs and taxes have been dominating U.S. economic news this year. What do these developments mean for the equipment leasing and finance industry? Here’s what we know. Following economic news in assessing impacts of changing tariffs and taxes on the... read more
The first MVP awarded in North American sports can be traced back to the early 1900s. A group of sportswriters met after the 1911 baseball season to determine the “most important and useful players to the club and to the... read more