Stonebriar Finance Holding completed significant increases and extensions to its primary credit facilities as it positions itself for continued growth. Stonebriar partnered with the Royal Bank of Canada and Bank of America to restructure the two facilities. read more
MAY 15, 2024 - 6:13 am
The Equipment Leasing & Finance Foundation released the December 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), finding that, overall, confidence in the equipment finance market is 42.5, steady with the November index of 42.8. read more
DEC 20, 2023 - 6:55 am
DBRS Morningstar upgraded Stonebriar Finance Holdings’ and its related entities’ long-term issuer and senior debt ratings from BBB (low) to BBB supported, in part, due to Stonebriar’s resilient earnings capacity and strong credit and asset performance since inception. read more
JUL 27, 2023 - 6:50 am
Dave Fate, CEO and co-founder of Stonebriar Commercial Finance, is a household name in the equipment finance world. Fate details his formative years and the people who gave him a chance as well as a few ways he’s paid it forward to the next generation.... read more
Monitor 50th Anniversary 2023
Stonebriar Commercial Finance originated $2.3 billion in new business volume in 2022, a 53% increase over 2021, while increasing ending receivables and serviced assets to more than $5.6 billion. The boost in volume resulted in a 54% rise in operating income and a 57% increase in ending receivables. read more
FEB 17, 2023 - 7:10 am
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