Reich Brothers Business Solutions closed a $1.28 million capital lease facility backed by dry van trailers for a Texas-based regional trucking company operating out of terminals in Dallas, Oklahoma City and Denver.

RBBS has experience with tractor trailer fleets and was brought into the transaction by a company advisor due its responsiveness and ability to meet the lessee’s structural considerations.

RBBS is currently working with the company to structure a $2.7 million capital lease for another group of trailers in the company’s fleet.

Kyle Sligar, president of RBBS, said that, “Reich Bros. is pleased to support a successful, growing trucking business with many long-standing Fortune 500 customer relationships across a wide range of both consumer and commercial products. As the economy has picked up steam in recent months, the trucking industry is seeing robust demand and relatively tight capacity leading to rising rates and translating into solid financial performance. Despite the current positive demand backdrop, it pays to work with management teams, like the company founders, who have been through cycles and take steps to position the company for success in all environments through customer diversification and the development of long-term, dedicated hauling operations.”

Reich Brothers Business Solutions provides financing for companies in a wide range of industries throughout North America including, agriculture, food/beverage, industrial/manufacturing, construction, energy/mining, healthcare/pharmaceuticals, transportation and technology.