Monroe Credit Advisors LLC announced that it has recently placed $87.5 million of lease financing for four separate clients representing a variety of industries and leasing products.
“We experienced strong demand for our lease advisory services in 2016,” said Linda Crothers, Managing Director at Monroe Credit Advisors. “Tightened credit standards from many lending institutions have left middle market borrowers unsure where to turn to get optimum pricing and terms for their equipment finance needs. With decades of experience underwriting and syndicating lease transactions, our team excels at helping our clients find their ideal financing partner and solution.”
The advisory firm continues to successfully raise capital for companies and private equity backed businesses that are seeking a debt solution that requires relationships beyond the local bank market. Brent Krambeck, Co-Managing Partner of Monroe Credit Advisors, added, “We are very pleased with the growth and success of our lease advisory practice. Our expertise within the lease capital markets, broad network of lender relationships, and tailored placement process allows us to consistently deliver value-added solutions for our clients in an efficient and cost-effective manner.”
The leasing transactions are briefly described below:
- $22,000,000 lease secured by equipment for a newly formed investment group seeking to purchase the majority interest in a Southwest-based middle market trucking company.
- $40,000,000 sale-leaseback of proprietary software system assets for a U.S.-based financial services company.
- $20,000,000 syndication of leases for a large aviation equipment leasing company seeking to reduce exposure to a specific client.
- $5,500,000 equipment lease for a leading technology company owned by a large sponsor