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Stonebriar Delivers $9.8MM Financing to Global Aviation Services Provider

January 18, 2016, 07:15 AM
Filed Under: Aircraft

Stonebriar Commercial Finance (SCF) provided a $9.8 million, 60 month term loan refinancing for a 15 year old Bombardier Global Express business jet utilized in long term lease charter agreements critical to the business. The borrower is a leading aviation company that provides a wide array of turnkey aviation solutions to an extensive and diverse client base of corporations, governments, and individuals throughout the world.

Michael Amalfitano, EVP, Senior Managing Director, Business Aviation Finance at Stonebriar stated, "SCF worked closely with our client to tailor a cost effective and creative financing solution that capitalized on our extensive knowledge in business aviation assets to solve the client's aircraft and financial objectives, as well as provide a secured asset strategy to address the future opportunities for the client's growing business."

Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, Stonebriar is building a world class, multi-billion dollar platform of commercial loans and leases. Since its inception in April 2015, Stonebriar has funded and committed to in excess of $550 million in financing. Stonebriar specializes in transactions for businesses in a wide variety of industries (aviation, rail, marine, transportation, manufacturing, energy and corporate real estate) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.

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