Stonebriar Commercial Finance Provides $30MM Lease Financing for Helicopters
Stonebriar Commercial Finance has provided $30 million in lease financing and commitments to a major provider of medical air transportation.
The proceeds are being used to fund new helicopters that support the company's rapidly expanding business. Steve White, Senior Managing Director at Stonebriar stated, "SCF worked closely with the customer to tailor a cost effective financing package that not only addressed their current acquisition needs but committed capital for future growth of their diversified businesses."
Since its inception in April, Stonebriar Commercial Finance has committed to in excess of $160 million in financings. Stonebriar specializes in transactions for businesses in a wide variety of industries throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.
Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, Stonebriar is building a worldclass, multi-billion dollar platform of commercial loans and leases.
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