36th Street Capital funded a $14 million equipment financing of rotary aircraft for a provider of medical air rescue and transportation services.
“The risk profile of this transaction did not fit well within the balance sheet of our bank originations partner,” said Mark Horan, Chief Growth Officer. “We’re excited that we were able to work well together to meet the equipment financing needs of their client.”
36th Street Capital is an alternative funding source supporting the equipment finance industry. The firm specializes in transactions with middle-market companies that find it difficult to obtain credit from traditional industry sources.