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Stonebriar Commercial Finance Names Farr and McCoy to Credit Team

Date: Jun 20, 2016 @ 08:02 AM

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 responsible for portfolio management, credit underwriting and transaction documentation and will assist Wilkison in the oversight and training of SCF's credit analyst staff. Farr joins SCF after eight years of experience with the Lender Finance unit of Wells Fargo Capital Finance where he most recently held the position of VP, Underwriter with the responsibility of underwriting transactions between $25 million and $100 million. Previous positions with that unit included VP, Account Executive and Senior Credit Analyst managing a portfolio of clients and credit facilities. Prior to his time at Wells Fargo, Farr spent four years at Citicapital as a Credit Relationship Manager and Credit Analyst.

McCoy joins SCF following 2 years with BBVA Compass where he was the Chief Credit Risk Officer for the Equipment Finance Division, maintaining the division's sole credit authority for transactions up to $50 million. His responsibilities included the development and refinement of the division's credit policies, liaising with internal audit, and managing overall deal flow. Jeff brings a total of 25 years of credit and risk experience to SCF, including positions at AIG Commercial Asset Finance and Transamerica Equipment Financial Services where he worked with several current members of the SCF Senior Management team.

Jeff Wilkison stated "With the tremendous pace of our success and expectations for continued growth, we were looking for people who could add depth and knowledge to our credit team. Both Jason and Jeff add significant experience to our staff and I look forward to their contributions."

Dave B. Fate, President and CEO of SCF added, "Jason and Jeff are very important new hires to SCF plans for growth. Beyond the knowledge and experience they bring to the role, their presence will help our credit staff as well as our entire organization continue to provide timely and prudent responses to our existing and prospective customers."

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 world class, multi-billion dollar platform of commercial loans and leases. Stonebriar specializes in transactions for businesses in a wide variety of industries (Business Aviation, Rail Leasing, Realty Capital, marine, transportation, manufacturing, energy, etc.) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.

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