Stonebriar Commercial Finance Provides $23MM Lease Financing for Ethanol Facility
Stonebriar Commercial Finance announced its $23 million participation in the funding of a $33 million lease financing for an ethanol facility owned by a major international company.
Steve White, Senior Managing Director and Head of Capital Markets, stated "this was a very complex transaction that required the full support of Stonebriar's strong team." White added, "Our chief risk officer, Jeff Wilkison, was instrumental in understanding the industry and asset. I am delighted that we were able to approve and close the transaction in under three weeks."
Stonebriar Commercial Finance has financial backing from Topeka, Kansas based Security Benefit Corporation, which has more than $28 billion in total assets under management. Stonebriar provides financing solutions to a broad range of middle market and large business enterprises in the United States, Canada, and select foreign jurisdictions.
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