Stellify Capital, a specialty finance platform exclusively serving the third-party originations channel, announced the successful closing of a $75 million credit facility with SLC Management, a leading global institutional and alternatives asset manager.

Stellify Capital is led by the former full leadership team of Pawnee Leasing Corporation. This new facility strengthens Stellify’s balance sheet and provides additional capacity to support the firm’s growing portfolio and expanding originations activity. The partnership with SLC Management reflects the strength of Stellify’s management, the investor group’s strong prior relationship, and successful business performance.

“We have been both pleased and humbled by the support and reception from all of our prior business relationships in the equipment finance industry,” said Gary Souverein, President of Stellify Capital, LLC. “Complementing the significant equity investment of our ownership group, this facility substantially underpins our ability to once again serve our third-party partners with our operating team’s signature underwriting, service, and relationship standards that defined our platform over many years. We are very thankful for the confidence in Stellify that SLC Management’s commitment represents.”

“We were pleased to renew our partnership with Stellify for this new venture launch,” said Brian Walmsley, Managing Director of Specialty Finance and Securitization at SLC Management. “With Stellify’s experience and strong ownership group, they are well positioned to support the third-party channel, and we’re excited to work with the team as they enter the market under a new banner.”

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