Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, opened a new office in Irving, TX. This latest development is part of Crossroads’ strategic growth plan to strengthen its position in the trucking industry and extend its national footprint.

The new office will house two complimentary businesses: Crossroads, which offers commercial truck and trailer financing and insurance products for small to mid-sized fleets, and VelocitySBA, which provides small business financing through the SBA’s 7(a) loan program for the purpose of acquiring owner-occupied real estate, business acquisition, equipment and working capital.

“Together with our sister company VelocitySBA, we offer a truly unique array of capabilities for transportation entities” Howard Shiebler, president of Crossroads, said. “The new office provides a very centralized location to offer these great capabilities to our customers.”