Capteris, the private credit equipment finance platform in alliance with Apollo, made a $22 million lease commitment for a private equity owned provider of healthcare services.
“Our customer was looking for a partner who could provide lifecycle financing for their transportation fleet along with significant funding capacity to support their expanding needs,” Todd Sinclair, head of originations at Capteris, said. “Given our expertise with the collateral, we worked closely with the financial sponsor and the management team to provide a tailored lease structure focusing on improved cash flows and liquidity preservation for future acquisitions.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!