36th Street Capital funded a $7 million lease for food processing equipment with a company that specializes in producing specialty food products.
“The company was in need of additional equipment to support the production of a new line of products,” said Mark Horan, chief growth officer at 36th Street. “We worked closely with our originations partner to provide a customized lease structure that allowed the customer to move forward with its expansion plans, while also being able to restructure its balance sheet.”
36th Street Capital is an alternative funding source supporting the equipment finance industry. The firm specializes in transactions with middle market companies who find it difficult to obtain credit from traditional industry sources.
As we welcome in the new year of 2019, we are excited about new opportunities, new business prospects and a fresh look at how to achieve success in our business lives. But we would all be well advised to consider,... read more
Industry behemoths are losing market share and some have even declared bankruptcy as they’ve been reluctant to accept technological change. According to the 2017 Deloitte Global Human Capital Trends Report, only 12% of fortune 500 companies present in 1955 are... read more