Post Road Equipment Finance announced the successful closing of a $15 million loan facility with a leading North American provider of specialized transportation services for the aviation, railway, and transit sectors. This key industry player, vital to maintaining efficient and reliable domestic supply chains, will utilize the funds to expand its fleet, ensuring continued on-time deliveries.
The $15 million financing transaction supports fleet expansion to accommodate new routes from recently secured long-term contracts, positioning the company for continued sustained growth in its core sectors.
Andrew Larson, Managing Director at Post Road said, “This $15 million facility empowers our client to acquire essential capital equipment through 2025 and beyond. We are dedicated to fueling businesses that bolster the U.S. supply chain. We’re thrilled to partner with this company and its sponsor and look forward to driving our shared success.”
Post Road was represented by Reed Smith LLP.
