Stonebriar Commercial Finance’s Rail Leasing group completed a $6 million purchase of 5,161 covered hoppers on lease to a U.S.-based global agribusiness.

“We continue to pursue opportunities in this platform that will grow the business in a prudent and successful manner with car types that will perform over the long term,” said Jeff Wilkison, SVP of Rail Leasing.

Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, Stonebriar specializes in transactions for businesses in a wide variety of industries including business aviation, rail leasing, realty capital, marine, transportation and manufacturing.