Capteris, private credit large-ticket equipment finance platform, announced the closing of a $20 million financing of railcars for a global specialty chemicals manufacturer. The Capteris Capital Markets team partnered with a major bank and the customer to provide an attractive financing solution for the acquisition of new railcars.

“Our bank partner engaged Capteris due to our track record of providing attractive financing options and certainty of execution, both critical factors for the customer," stated Lance Rhodes, Head of Capteris Capital Markets.

“The customer benefited from our favorable terms and ability to fund the entire transaction amount. In addition, our bank partner benefited from maintaining the client relationship while leveraging Capteris’ balance sheet for a simplified, one-stop solution," added Rhodes.