BlackRiver Business Capital, an Austin, TX–based direct lender in the commercial equipment finance industry, closed a new credit facility of up to $20 million with SunTrust Bank.

“BlackRiver Business Capital has grown rapidly since our inception in August of 2015. We are thrilled about our new partnership with SunTrust Bank and their outstanding team. This new relationship and credit facility will further enable us to invest in our growth and effectively implement our long-term business plan,” said Rob Childers, president and co-founder of BlackRiver Business Capital.

Founded in August of 2015, BlackRiver Business Capital provides equipment financing up to $75,000 for businesses with less traditional, non-prime “B” and “C” credits.