Stonebriar Commercial Finance funded an additional $30 million lease with one of its long-standing customers, the third transaction provided for this customer since 2016. The lease proceeds were used to acquire new equipment to expand production capabilities.

“Strong, reliable capital and efficient processes have enabled us to develop and maintain relationships with companies and solid management teams who rely on Stonebriar to support their ongoing capital needs,” Steve White, EVP and senior managing director – capital markets at Stonebriar, said. “We were glad to support this customer’s continued success with this third transaction.”

“What a privilege it has been to underwrite and close three separate transactions with a company of this caliber,” Harrison Smith, managing director at Stonebriar, said. “It has been a pleasure to support their growth and evolution over the years.”