Stonebriar Commercial Finance provided a $46.5 million loan financing for various transportation assets to accomplish a time sensitive year-end client objective.

The borrower is a multi-billion dollar, near investment grade, mid-stream energy company which had a goal of completing a significant financing prior to year-end. The collateral consisted of long-lived marine and rail assets integral to the company’s operations.

“We learned of the borrower’s need and desire to close the transaction prior to year-end in early December,” said Mark Gibson, vice president of Capital Markets at Stonebriar. “Through a coordinated effort between SCF and the customer, we were able to meet the client’s needs and close a complex transaction in a short period of time without compromising our underwriting and documentation standards. The borrower was extremely satisfied with the results and our credit staff did an excellent job in a short period of time.”

Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. Since its inception in April 2015, Stonebriar has funded and committed to in excess of $550 million in financing.