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Stonebriar Commercial Finance Closes $20MM Lease Facility

April 20, 2020, 07:25 AM

Stonebriar Commercial Finance announced the closing of a $20 million equipment lease facility with a leading provider of healthcare services. The company operates accredited hospitals and specialty care clinics in multiple states across the U.S.

The lease facility was structured to support the construction and term lease of essential-use assets critical to operations of one of the lessee’s core hospital properties.

“For decades, our client has provided quality and affordable healthcare services to patients in the communities it’s hospitals and outpatient centers serve. We are excited to play a part in the modernization and efficient long-term operation of one of these key facilities,” stated Brian Daley, Stonebriar Managing Director.

Jon Dahlfors, Stonebriar Investment Analyst, added, “We have immense confidence in the quality of ownership and management, the level and diversity of care provided in the company’s facilities and by its medical personnel, and the essentiality of the leased assets to the subject hospital.”

Stonebriar, an Eldridge Industries’ business based in Plano, TX, is a provider of financing solutions for businesses in a wide variety of industries, of various sizes and credit profiles. Stonebriar leases and finances assets located primarily in North America and select other jurisdictions worldwide currently through five distinct platforms—General Equipment, Aviation Capital, Rail Leasing, Real Estate and Sponsor Finance.

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