Stonebriar Commercial Finance issued and sold $227 million of Series A 7.5% fixed-rate reset cumulative preferred shares in a private offering. read more
AUG 24, 2021 - 6:31 am
Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility agented by Bank of America to 2025. Mitsubishi UFJ Financial Group (MUFG) joined the facility as a new participating lender. read more
JUL 29, 2021 - 5:20 am
Stonebriar Commercial Finance closed a new $200 million, three-year committed unsecured revolving credit facility. RBC Capital Markets is the administrative agent, joint lead arranger and joint bookrunning manager for the facility. read more
JUN 24, 2021 - 6:27 am
Stonebriar Commercial Finance appointed Nicholas M. Sandler president, effective immediately. Sandler will continue to report to Dave B. Fate, CEO of Stonebriar Commercial Finance. read more
JUN 22, 2021 - 6:24 am
Stonebriar Commercial Finance is celebrating its sixth anniversary this week after closing another company record year, with new funded volume of $1.43 billion in structured leases and loans and a 36% year-over-year increase in operating income. Stonebriar also completed its sixth consecutive year with zero credit losses. read more
MAR 17, 2021 - 6:29 am
Stonebriar Commercial Finance closed its eighth asset-backed securitization, SCFET 2021-1. The ABS issuance is secured by a portfolio of commercial equipment loans and leases with an aggregate discounted contract balance of more than $1 billion. read more
MAR 4, 2021 - 6:43 am
Stonebriar Commercial Finance added Cole Bennett as credit analyst and Kyle Holliman as director of originations. read more
FEB 5, 2021 - 6:41 am
Stonebriar Commercial Finance promoted Brady Carrington to controller, Christy Bookhout to senior accountant and Jon Dahlfors and Noah Starr to investment manager roles. read more
JAN 29, 2021 - 7:09 am
Goldman Sachs will recognize Dave B. Fate, president and CEO of Stonebriar Commercial Finance, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. read more
OCT 15, 2020 - 7:06 am
Stonebriar Commercial Finance promoted Travis Bell to managing director of originations and Grant Fate to assistant vice president of capital markets. Bell will expand his focus to include Stonebriar’s general equipment platform, while Fate will have responsibilities for indirect originations and syndications. read more
OCT 1, 2020 - 7:03 am
Stonebriar Commercial Finance, an independent large-ticket commercial finance company, privately placed $90 million of senior unsecured notes maturing in 2025 and 2027. The notes mark Stonebriar’s second such issuance since 2019. read more
SEP 29, 2020 - 7:11 am
Stonebriar Commercial Finance welcomed Dylan Glenn to its board of managers as an independent board member. Glenn currently serves as a director of Intellicheck, a provider of authentication services for companies primarily in area of financial services. read more
SEP 22, 2020 - 6:00 am
Stonebriar Commercial Finance has closed its seventh commercial equipment asset-backed securitization, SCFET 2020-1, a $572 million ABS issuance achieving the highest possible short-term and long-term ratings from Moody’s Investors Service and Kroll Bond Ratings. read more
AUG 20, 2020 - 6:00 am
Independent commercial finance company Stonebriar Commercial Finance closed its sixth commercial equipment asset-backed securitization, SCFET 2019-2, a $685 million ABS issuance. read more
NOV 11, 2019 - 7:00 am
Stonebriar Commercial Finance closed a private issuance of $150 million aggregate principal amount in notes due 2024. read more
OCT 28, 2019 - 6:30 am