36th Street Capital provided $5 million of lease financing to a managed hosting and cloud services company. The funding of equipment allowed the company to continue making infrastructure investments to support revenue growth.
“The lessee is a fast growing technology services provider needing equipment to support service agreements and a rapidly expanding customer base,” said Kiran Kapur, CEO of 36th Street Capital. “Our extensive experience in technology finance was an important factor in working closely with management to understand the company’s ‘story’ and support its equipment financing needs.”
36th Street Capital is an alternative funding source supporting the equipment finance industry.
Monitor 100 2018
Many children play pretend. Some pretend to be professional athletes, some to be heroines in science fiction stories. Then there are others that take on roles like doctor, police officer or astronaut while scurrying around the backyard. For Kelly Skalicky,... read more
The California Financing Law contained in Division 9 of the California Financial Code, commencing with §22000, requires licensing and regulation of finance lenders and brokers making and brokering consumer and commercial loans, except as specified. It prohibits misrepresentations, fraudulent and... read more