John Cyphers joined Stonebriar Commercial Finance as director of originations for the Eastern region. This hire continues Stonebriar’s buildout of its U.S. direct origination team with future growth planned for the Pacific Northwest, West, and Southeast regions as well as Canada and Australia.

Cyphers joins Stonebriar from Element Financial where he was regional growth leader for the Fleet Equipment Finance team. Cyphers has more than 20 years of experience in the finance industry with the majority of that time being spent at GE Capital. While at GE Capital, Cyphers was a sales leader for the Mid-Atlantic Enterprise team, which delivered more than $2.0 billion in volume in 24 months under his leadership. He also held leadership positions in GE Capital’s Federal Finance platform as well as in their Capital Markets group. In addition to his positions in the finance industry, Cyphers also spent 16 years managing a regional heavy highway and asphalt contractor.

“We worked with John often during his tenure at GE Capital and feel very fortunate to be able to add a professional with John’s background to the Stonebriar team,” said Dave B. Fate, president and CEO of Stonebriar. “His extensive experience with customers in our target market will help us build our brand in that region of the country.”

“I am very enthused to join Dave and his team. My background is an excellent fit with the goals of Stonebriar and I look forward to many years of success with the company,” said Cyphers. “SCF, in my opinion, is in the right place at the right time.”