Stonebriar Commercial Finance closed a $22 million sale and leaseback on a new manufacturing plant and associated equipment that has the capacity to produce 100-million pounds of protective coating for automotive OEM and aftermarket space. This...
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February 27, 2023, 07:15 AM
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Stonebriar Commercial Finance (“Stonebriar”) continued to serve its valued customer base, originating $2.3 billion of new business volume for 2022, a 53% increase over 2021, while increasing ending receivables and serviced assets to over $5.6 billion...
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February 21, 2023, 07:07 AM
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Stonebriar Commercial Finance announced the promotion of Jon Dahlfors to the position of Director - Credit. Dahlfors will continue to report to Sr. Managing Director – Credit, Jeff C. McCoy.Following his graduation from the University of Kansas with...
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January 23, 2023, 07:33 AM
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Stonebriar Commercial Finance closed a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The lease proceeds will be used to support the lessee’s...
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November 29, 2022, 07:33 AM
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Stonebriar Commercial Finance closed a $69 million financing for the repositioning of vacant industrial real estate. This 85 percent loan-to-cost mortgage financed both the purchase and redevelopment of a single industrial asset into two separate...
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February 02, 2022, 07:00 AM
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Stonebriar Commercial Finance closed a seven-year, $325 million term loan credit facility with Overseas Shipholding Group, Inc. (OSG), a leading provider of energy transportation services for crude oil and petroleum products in the Jones Act trade....
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October 25, 2021, 07:50 AM
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Stonebriar Commercial Finance closed a $64.5 million construction-to-permanent real estate financing with a premier real estate developer. This 85% loan-to-cost mortgage will finance the development of a triple-net, build-to-suit property for a...
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September 15, 2021, 06:00 AM
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Stonebriar Commercial Finance issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (“Preferred Shares”) in a private offering.The Preferred Shares, rated “BB” by DBRS, were issued to a group of qualified...
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August 24, 2021, 07:00 AM
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Stonebriar Commercial Finance closed a $10.2 million term loan with a premier Jones Act marine transportation and logistics services company. The loan represents Stonebriar’s third transaction with the borrower and its affiliates with total funded...
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August 09, 2021, 06:00 AM
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Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility for another two years.The Facility, which serves as one of Stonebriar’s primary working capital facilities, was originally closed in 2018 and is agented by Bank...
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July 29, 2021, 07:30 AM
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Stonebriar Commercial Finance closed a new $200 million, three-year committed unsecured revolving credit facility (“RCF”) as the Company continues to diversify funding sources and increase financial flexibility. The RCF will supplement the...
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June 24, 2021, 08:00 AM
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Stonebriar Commercial Finance appointed Nicholas M. Sandler as President, effective immediately. Sandler will continue to report to Stonebriar CEO Dave B. Fate.Sandler joined Stonebriar in 2016 as Head of Aviation Capital; a platform which has...
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June 22, 2021, 07:43 AM
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Stonebriar Commercial Finance is celebrating its sixth anniversary this week, having closed another record year with new funded volume of $1.43 billion in structured leases and loans, and driving a 36% year-over-year increase in operating income....
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March 17, 2021, 07:30 AM
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Stonebriar Commercial Finance announce the promotion of Harrison P. Smith to Vice President, Credit Manager. Stonebriar hired Smith as a junior Credit Analyst in 2015. Smith has successfully assumed progressively greater responsibilities in complex...
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August 31, 2020, 07:00 AM
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Stonebriar Commercial Finance announced it has closed its seventh commercial equipment asset-backed securitization (“ABS”), SCFET 2020-1, a $572 million ABS issuance with top tranches achieving the highest possible short-term and long-term ratings...
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August 20, 2020, 08:50 AM
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Stonebriar Commercial Finance announced the promotion of Ryan Ellis to Vice President, Head of the Real Estate Group (REG). He joined Stonebriar in 2017 in connection with an acquisition and has progressively assumed greater responsibilities in the...
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April 03, 2020, 09:00 AM
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Vedder Price is pleased to announce that its Global Transportation Finance team, led by Shareholders Mark Ditto and Marc Klyman, represented Stonebriar Commercial Finance (Stonebriar) in extending and amending certain terms of its existing $1.0...
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August 21, 2019, 08:45 AM
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Stonebriar Commercial Finance, an independent large-ticket commercial finance company, announced it has allocated all bonds, confirmed pricing and is set to close its fifth commercial equipment asset-backed securitization (ABS), SCFET 2019-1, a $650...
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April 05, 2019, 09:00 AM
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Stonebriar Commercial Finance announced that Stewart Jones and Grant Fate have joined the firm as Senior Investment Manager and Associate—Capital Markets, respectively.
Stewart joins Stonebriar from London, England where he was employed as a Senior...
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February 25, 2019, 08:20 AM
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Stonebriar Commercial Finance (Stonebriar), an independent large-ticket commercial finance and leasing company and an operating subsidiary of Eldridge Industries, announced the closing of a new $81.6 million term loan led by the Land Transport...
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January 22, 2019, 07:50 AM
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Stonebriar Commercial Finance, an independent large-ticket commercial finance and leasing company and an operating subsidiary of Eldridge Industries, announced the closing of a new $500 million revolving credit facility. The Facility will provide...
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June 26, 2018, 08:00 AM
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Stonebriar Commercial Finance announced the closing of SCFET 2017-2, a $374 million asset-backed securitization transaction. SCFET 2017-2 marks the third securitization transaction that Stonebriar has closed in the last 18 months, bringing total...
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December 07, 2017, 07:00 AM
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Stonebriar Commercial Finance ("Stonebriar") announce that Ben Steller has joined the company as Vice President, Asset Manager. Steller will be based in Plano, TX and report to Kevin Sensenbrenner, Senior Vice President and Senior Managing Director...
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August 16, 2016, 07:06 AM
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Stonebriar Commercial Finance (SCF) announced that Jason Farr and Jeff McCoy have joined the company as Vice Presidents of Credit reporting directly to Jeff Wilkison, Senior Vice President and Chief Credit Officer. Both Jason and Jeff will be...
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June 20, 2016, 08:02 AM
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Stonebriar Commercial Finance announced the expansion of its capital solutions for clients with the creation of SCF Realty Capital and the hiring of Pete Mavoides as President.Stonebriar Commercial Finance ("Stonebriar") is a rapidly growing...
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April 20, 2016, 07:54 AM
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