Avtech Capital completed a new credit facility with Capital One. The facility was established to provide additional liquidity to support the Company's growth strategies and diversify its funding model.
"This new Capital One credit facility further strengthens our diverse funding strategy," said Chris Emery, the Company's Chief Operating Officer. "We're excited about this new banking relationship and look forward to working with Capital One."
Avtech Capital, LLC is a privately held equipment finance and leasing company based in Salt Lake City, Utah. Avtech Capital provides equipment financing solutions to small, medium and large companies throughout the United States for a wide variety of equipment in multiple industries, including healthcare, manufacturing, aircraft, technology, software, energy, construction, mining, and transportation, as well as specialized and non-traditional equipment.