Capteris closed a $30 million lease commitment to a sponsor-owned provider of equipment and rental servicers. This is part of Capteris’ broader strategy to provide capital to support the continued build-out of US-based infrastructure projects.  The transaction included a $15 million refinance of existing assets along with a $15 million lease line for upcoming capital expenditures. 

“This is our fourth transaction that Capteris has funded for this financial sponsor, who selected Capteris due to our ability to provide meaningful capital commitments at attractive advance rates.  Most importantly, there was trust with Capteris and our proven ability to close with certainty of execution”, stated Ben Bakke, Vice President of Originations at Capteris. “Providing immediate capital to reimburse for previously acquired assets along with an approved lease line for future growth were key priorities for the company and their ownership.” 

Capteris’ Sponsor Finance team focuses on providing attractive equipment financial solutions for mid-cap and large-cap PE firms and their portfolio companies.