Sentry Financial closed a $62 million equipment lease of lift and material handling equipment to a construction technology company.

“This was a highly structured transaction that required the close collaboration of our origination partner, our vendor partner and our customer,” Jonathan Ruga, CEO of Sentry Financial, said. “We are appreciative of the critical roles played by each of our partners in this complex transaction, and we look forward to working with our origination partners in 2021 to provide equipment financing solutions to our customers and vendor partners.”

Sentry Financial is an independent equipment leasing company founded in 1986 by Ruga and Scott Young. The company has funded more than $3.5 billion in transactions.