Gordon Brothers, the global asset experts, has provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million.The provider will use the equipment in...
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February 14, 2024, 07:23 AM
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Clarus Capital completed a new $15 million lease facility for a leading sponsor-backed aerospace components manufacturer. Financing proceeds will support the acquisition of essential use production equipment to meet new contract growth while also...
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February 02, 2023, 07:29 AM
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The Aerospace & Defense (A&D) sector outlook is improving, as favorable demand dynamics should lead to increasing cash flows and deleveraging capacity beginning in 2023, Fitch Ratings said. It expects generally stable ratings across the sector in...
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December 05, 2022, 07:12 AM
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Clarus Capital announced it has completed two new equipment backed credit facilities for private equity owned firms serving the commercial aerospace industry.Clarus’ transaction team was led by Director of Originations Jarrod Hicks. “It was a...
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August 16, 2022, 07:09 AM
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Stonebriar Commercial Finance, a large-ticket independent diversified commercial finance and leasing company, announced the closing of a $50 million sale and leaseback of certain casting furnaces and metal fabrication equipment with a leading...
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March 09, 2021, 07:12 AM
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Encina Equipment Finance (EEF) announced it has provided a $10 million equipment lease line to an aerospace component manufacturer. The equipment lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith...
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February 23, 2021, 07:20 AM
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North Mill Capital announced the funding of a $7 million asset-based revolving line of credit and a $1,575,000 equipment term loan facility to Aerospace Manufacturing Group, Inc. The proceeds were used for acquisition financing and working...
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September 16, 2019, 07:20 AM
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Aerospace executives are optimistic about the short-term prospects of their industry, but looming interest rate hikes and fuel price volatility are compelling them to act, according to an exclusive online study released by CIT Aerospace, a global...
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September 03, 2015, 07:08 AM
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NXT Capital announced that it has provided a senior secured credit facility to support the refinancing of Sunvair Aerospace Group, Inc., a portfolio company of Blue Sea Capital. The transaction also included Sunvair’s acquisition of Aviation...
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August 10, 2015, 07:00 AM
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CIT Group today announced that it has agreed to form TC-CIT Aviation Ireland and TC-CIT Aviation U.S. (together TC-CIT Aviation), joint ventures between CIT Aerospace, a global leader in aircraft finance, and Century Tokyo Leasing Corporation (“CTL”)...
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October 10, 2014, 07:04 AM
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The airline industry, and with it, air traffic, is expected to increase in 2014, with Asia and Latin America representing the fastest growing markets, according to Tony Diaz, President of CIT Aerospace at CIT Group. These views and others are...
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March 13, 2014, 06:42 AM
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GE Capital, Canada today announced it has provided $1.9 million in equipment financing to Koss Aerospace, a Tier-2 manufacturer of structural aircraft components and assemblies. The funds are being used to finance the acquisition of state of the art...
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November 22, 2013, 06:45 AM
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