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Sentry Financial Funds $62MM Lease for Construction Tech Company

January 07, 2021, 07:15 AM
Filed Under: Construction

Sentry Financial recently closed a $62 million equipment lease of lift and material-handling equipment to a premier construction technology company.

Sentry Financial excels at providing its partners and customers with structured transactions across a variety of industries. Partnering with equipment vendors, other equipment leasing companies and lease brokers, Sentry Financial provides equipment financing structures tailored to meet its customers’ needs.

Jonathan Ruga, Sentry’s CEO, said, “This was a highly structured transaction that required the close collaboration of our origination partner, our vendor partner and our customer. We are appreciative of the critical roles played by each of our partners in this complex transaction, and we look forward to working with our origination partners in 2021 to provide equipment financing solutions to our customers and vendor partners.”

Sentry Financial is an independent equipment leasing company founded in 1986 by Ruga and Scott Young. It has funded over $3.5 billion in transactions.

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