Stonebriar Commercial Finance announced that Joe Houston has joined the company as Director of Originations covering the Southern Region, managing Stonebriar Commercial Finance's origination efforts in that area including the states of Louisiana and Texas.
Houston joins StonebriarCF from Capital One Equipment Finance, where he was most recently a Director of Originations. With over 25 years of experience in the finance industry, including Managing Director with Suntrust Equipment Finance and Vice President with Merrill Lynch Capital.
"We're very pleased to add a professional of Joe's caliber to the StonebriarCF team," stated Dave B. Fate, President & CEO of StonebriarCF. "His extensive experience and relationships will help us provide creative financing solutions to a wide range of customers.
"I am thrilled to be a part of StonebriarCF", said Houston. "StonebriarCF offers a multitude of financing solutions for structured middle market companies, as well as clients in the long term large corporate space. Now is a great time to be focused on StonebriarCF's primary market."
Stonebriar is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, Stonebriar is building a world class, multi-billion dollar platform of commercial loans and leases. Since its inception in April, Stonebriar has funded and committed to in excess of $550 million in financings. Stonebriar specializes in transactions for businesses in a wide variety of industries (aviation, rail, marine, transportation, manufacturing, energy and corporate real estate) throughout the entire credit spectrum located in the United States, Canada and select other foreign jurisdictions.