Capteris, the private credit large-ticket equipment finance platform, closed a $20 million financing of railcars for a global specialty chemicals manufacturer. The Capteris capital markets team partnered with a major bank and the customer to provide an attractive financing solution for the acquisition of new railcars.

“Our bank partner engaged Capteris due to our track record of providing attractive financing options and certainty of execution, both critical factors for the customer,” Lance Rhodes, head of capital markets for Capteris, said. “The customer benefited from our favorable terms and ability to fund the entire transaction amount. In addition, our bank partner benefited from maintaining the client relationship while leveraging Capteris’ balance sheet for a simplified, one-stop solution.”