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Star Hill Financial Announces Record Fundings in First Quarter

April 11, 2022, 07:00 AM
Filed Under: Equipment Finance News

Star Hill Financial, a certified Women Business Enterprise based in Fairfield, Connecticut, announced first quarter fundings totaling over $26.0 million across its Equipment Finance and Franchise Finance divisions.

“After building out our team and processes for most of 2021, we are now in the position to execute and service our expanding client base,” stated Keith Smith, Star Hill’s President of Equipment and Franchise Finance. “Our record quarter is a direct result of our team’s hard work and responsiveness.  We are well situated as an independent commercial finance business to support both equipment and franchise finance.”

Star Hill’s Equipment Finance Division has a focus on middle market to large corporate entities. With a broad investment mandate, the division has provided financing for a wide array of equipment from food processing equipment, forklifts to office technology.  The division goes to market through partnerships with captives and finance companies and directly through master lease programs with end users looking to expand their ESG initiatives.

Star Hill’s Franchise Finance Division is focused on tier one and tier two quick service restaurants as well as tier one personal services. It provides funding for refinance, acquisitions, remodels, new builds and real estate purchases for franchisees.  Clients range from entrepreneurs to private equity firms.

For more equipment finance industry news, visit Equipment Finance Advisor.

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