Capteris LLC has closed a $20 million lease for production process equipment for a major global specialty materials and chemical producer.

"Our Capital Markets partner engaged Capteris due to our structuring expertise and flexible lease solutions. The customer benefited from our favorable terms and sizable commitment. At the same time, our bank partner benefited from maintaining the client relationship and leveraging Capteris’ balance sheet,” said Lance Rhodes, Managing Director and Head of Capital Markets for Capteris.

Capteris is a provider of mid and large ticket equipment finance solutions targeting the midmarket, large corporate, and financial sponsor segments.