Stonebriar Commercial Finance provided a lease line of credit for $35 million to finance chassis and tanks for a major propane transportation company.
Steve White, EVP of Stonebriar, said, “The Stonebriar team moved quickly to understand the lessee’s situation and was able to meet the timeline for funding its capital expenditure needs.”
Stonebriar specializes in transactions for businesses in a variety of industries — including aviation capital, rail leasing, essential properties, nonbank lender, marine, transportation, manufacturing and energy — throughout the entire credit spectrum.
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