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Stonebriar Acquires NonBankLender and

June 05, 2017, 07:10 AM
Filed Under: Real Estate

Stonebriar Commercial Finance ("Stonebriar") announced that it has acquired McKinney, TX based NonBankLender and ("NBL"), founded in 2009 by Curtis Valenzuela. NBL sources and aggregates owner-occupied real estate loans, most of which are supported by the U.S. Small Business Administration 504 Debenture Guarantee Program.

NBL adds yet another platform to Stonebriar's wide array of products, which already include general equipment financing, triple net real estate leasing, rail leasing, and aviation finance. NBL was founded by Mr. Valenzuela in 2009 and since inception has funded over 200 loans and more than 175 individual projects.

Dave B. Fate, President and CEO of Stonebriar stated, "We are constantly evaluating opportunities to add to our suite of financing solutions. The opportunity to add Curtis and his team caught our attention quickly. After meeting with him and exploring his opportunities for growth, we concluded that NBL would be an excellent fit for our company. I am confident that under Curtis's leadership NBL will be an integral part of Stonebriar's growth plans."

Curtis added, "The entire NBL team is very excited about the opportunity to join the Stonebriar family of companies. Since beginning NBL, we have recognized the growing market need from Borrowers that fall just outside traditional bank guidelines. Stonebriar's forward thinking leadership and strong capital are exactly what NBL needs to move forward with plans to meet the loan demand of borrowers on a national level. I look forward to working with Dave and his team and fully expect that NBL will quickly become a valued part of Stonebriar Commercial Finance."

Valenzuela began his career at CDC Small Business Finance, a California Certified Development Company, as Regional Vice President in charge of their Orange County office. He also has held SVP positions at Bank of America, Community Bank and California Bank and Trust. Curtis has a Master's degree in Public Administration as well as a Law degree and is licensed to practice in California and Texas.

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