Capteris Provides $15MM Lease Line to Global Tier One Manufacturer

Capteris provided a $15 million lease line for various manufacturing equipment with a global tier one automotive supplier. The deal is composed of a sale leaseback on existing injection molding assets along with a lease line for new production equipment.

“Our knowledge of the industry and collateral allowed us to put forth a solution that helped our customer meet the demands of the Tier 1 segment while providing optimal flexibility,” Todd Sinclair, senior managing director and head of sales for Capteris, said.

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!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.