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36th Street Capital Funds $10MM Lease Line of Credit for Global IT Services Firm

Date: Jul 15, 2020 @ 08:30 AM
Filed Under: Technology

36th Street Capital announced it provided a $10 million lease line of credit to a global cloud computing company. The line will be used to finance new data center equipment to support revenue growth.

36th Street Capital is an alternative funding source supporting the equipment finance industry. The firm specializes in transactions with middle market companies who find it difficult to obtain credit from traditional industry sources.

36th Street Capital Partners, LLC is an independent provider of alternative funding solutions for the equipment financing industry. With offices in New Jersey, Illinois and California, the firm provides growth capital or liquidity options to middle market companies nationwide through loan and lease transactions. 36th Street Capital Partners, LLC is a joint venture affiliate of BlackRock TCP Capital Corp.

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