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Capital One Provides New $75MM Revolving Credit Facility to Avtech Capital

November 07, 2022, 07:51 AM
Filed Under: Lender Finance

Avtech Capital completed a new $75 million revolving credit facility with Capital One. The facility will provide additional liquidity to support the Company's growth and further its efforts to better serve customers.

"The addition of this new credit facility will help us further our mission to help our customers achieve their critical goals by supporting their equipment financing needs," said Chris Emery, the Company's Chief Operating Officer. "Capital One has been a great partner to work with, and we are excited to strengthen this relationship."

"Capital One is excited to support AvTech Capital in this transaction, which will help meet their growth objectives and evolve their business operations," said Dave Kucera, head of the Financial Institutions Group at Capital One. "Advising our clients' capital raising initiatives in a complex environment is a priority for our team."

Avtech Capital, LLC is a privately held equipment finance and leasing company based in Salt Lake City, Utah. Avtech Capital provides equipment financing solutions to small, medium and large companies throughout the United States for a wide variety of equipment in multiple industries, including healthcare, manufacturing, aircraft, technology, software, energy, construction, mining, and transportation, as well as specialized and non-traditional equipment.

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

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