Stonebriar Commercial Finance provided a $44 million lease commitment for the purchase of new food production, bottling and packaging equipment.

The lease line will provide capital to this $1. 2 million revenue company which is a food manufacturer. The proceeds will allow the lessee to expand its capacity for existing and new product lines.

“We worked closely with the CEO and CFO of the Lessee to structure a lease that allows for a six month acceleration of its capital expansion plan,” said Steve White, EVP of Stonebriar. “This acceleration is anticipated to grow revenue and earnings at a much faster pace.”

Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX.