Stonebriar Commercial Finance provided a $10 million, 36-month finance lease for new servers, switches, networking and data center infrastructure critical to a lessee's call center operations. The lessee is a global provider of outsourced customer relationship management ("CRM") and accounts receivable management ("ARM") services to domestic and international customers in the financial services, telecom, healthcare, retail, and government end markets.
Steve White, SCF's Senior Managing, Director stated, " Stonebriar was pleased to provide attractive equipment financing which allowed our lessee to continue its significant global growth."
Since its inception in April, Stonebriar has funded over $130 million in new business with another $160 million in approved backlog. Stonebriar specializes in transactions for businesses in a wide variety of industries throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.