Sentry Financial, based in Salt Lake City, UT and Verdant Commercial Capital, based in Cincinnati, OH recently closed a $24 million equipment lease of construction equipment, including aerial work platforms and material handling equipment, to an equipment management, leasing and technology company.

Mike Rooney, Verdant’s CEO, said, “this was a structured transaction on which Verdant and Sentry closely collaborated to meet the needs of our customer.” Jonathan Ruga, Sentry’s CEO, said, “We are appreciative of the critical roles played by Verdant and our customer in this complex transaction, and we look forward to continuing to work with Verdant to provide customized financing solutions to our customers.”

Verdant Commercial Capital, founded in 2016, is one of the top 10 largest independent equipment leasing companies in the U.S. and focuses on multiple verticals, including, industrial, manufacturing, and energy. Sentry Financial, founded in 1986 by Ruga and Scott Young, is an independent equipment leasing company that structures large lease financing transactions tailored to meet the needs of its customers across a variety of industries.