Stonebriar Commercial Finance announced Alex Palazzolo has joined the company as Managing Director of Originations. Based in Plano, TX, he will leverage existing and develop new relationships to source fixed-asset secured loan and lease opportunities.

Prior to joining Stonebriar, Palazzolo originated and managed public bond offerings for Stifel, Nicolaus & Co.  His earlier experience includes business development and analyst roles with Wells Fargo Securities, Wells Fargo Equipment Finance and Moody’s Investors Services.

Palazzolo holds a bachelor of arts in political science from Baylor University and a master of public administration from The University of North Texas.

“Alex’s strong credit and structuring background, natural ability to develop relationships and markets, and his inherent desire to create value for customers are consistent with those attributes necessary to thrive in Stonebriar’s culture,” said Kyle Parks, Stonebriar’s Head of Direct Originations.  “I am excited to once again work with Alex. Having observed first-hand his work ethic, the quality of his work product and the passion he brings to serving clients, I am confident he will be successful identifying opportunities to deploy capital.”

“With three consecutive years of greater than $1 billion in new funded volume, and a record 2019 of 20 percent year-over-year growth, Stonebriar has consistently grown its balance sheet while executing on behalf of its clients,” stated Palazzolo. “I am excited to join the Stonebriar team in its focused efforts to provide structured term loan and lease solutions that uniquely attend to a market segment that is benefitting from its capital.”

Stonebriar, an Eldridge Industries’ business based in Plano, TX, leases and finances assets located primarily in North America and select other jurisdictions worldwide through five distinct platforms: General Equipment, Aviation Capital, Rail Leasing, Real Estate and Sponsor Finance.