Alliance Funding Group (AFG), a privately-held equipment finance company, closed a $25 million investment grade-rated corporate note financing. AFG intends to use the net proceeds from the transaction to support its on balance sheet growth and structured finance business.

“Since founding the company 23 years ago, we have funded more than $2.0 billion to over 16,000 customer businesses across multiple economic cycles while continuing to expand almost entirely through our direct sales efforts,” Brij Patel, founder and president of AFG, said. “Today, we have over 120 experienced professionals dedicated to providing growth capital to our small and middle market clients. This financing will allow AFG to aggressively expand in the nearly $1.0 trillion equipment finance market across the U.S.”

“Along with our recently closed revolving credit facility, this capital properly positions AFG for our next stage of growth,” Brent Hall, senior vice president of capital markets at AFG, said. “We are very pleased with the support and positive endorsement we have received from our institutional investors and look forward to additional successful financings as we continue to scale our business.”

Brean Capital served as AFG’s exclusive advisor and placement agent in connection with this transaction.