Stonebriar Finance Holding completed significant increases and extensions to its primary credit facilities as it positions itself for continued growth. In April, Stonebriar increased the size of its unsecured revolving credit facility to over $500...
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May 15, 2024, 07:00 AM
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Stonebriar Commercial Finance (“Stonebriar”) continued to serve its valued customer base, originating $2.3 billion of new business volume for 2022, a 53% increase over 2021, while increasing ending receivables and serviced assets to over $5.6 billion...
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February 21, 2023, 07:07 AM
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Stonebriar Commercial Finance closed a seven-year, $325 million term loan credit facility with Overseas Shipholding Group, Inc. (OSG), a leading provider of energy transportation services for crude oil and petroleum products in the Jones Act trade....
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October 25, 2021, 07:50 AM
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Stonebriar Commercial Finance issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (“Preferred Shares”) in a private offering.The Preferred Shares, rated “BB” by DBRS, were issued to a group of qualified...
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August 24, 2021, 07:00 AM
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Stonebriar Commercial Finance extended its $1 billion revolving warehouse credit facility for another two years.The Facility, which serves as one of Stonebriar’s primary working capital facilities, was originally closed in 2018 and is agented by Bank...
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July 29, 2021, 07:30 AM
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Stonebriar Commercial Finance closed a new $200 million, three-year committed unsecured revolving credit facility (“RCF”) as the Company continues to diversify funding sources and increase financial flexibility. The RCF will supplement the...
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June 24, 2021, 08:00 AM
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Stonebriar Commercial Finance appointed Nicholas M. Sandler as President, effective immediately. Sandler will continue to report to Stonebriar CEO Dave B. Fate.Sandler joined Stonebriar in 2016 as Head of Aviation Capital; a platform which has...
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June 22, 2021, 07:43 AM
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Stonebriar Commercial Finance is celebrating its sixth anniversary this week, having closed another record year with new funded volume of $1.43 billion in structured leases and loans, and driving a 36% year-over-year increase in operating income....
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March 17, 2021, 07:30 AM
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Stonebriar Commercial Finance ("Stonebriar") announce that Ben Steller has joined the company as Vice President, Asset Manager. Steller will be based in Plano, TX and report to Kevin Sensenbrenner, Senior Vice President and Senior Managing Director...
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August 16, 2016, 07:06 AM
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Stonebriar Commercial Finance (SCF) announced that Jason Farr and Jeff McCoy have joined the company as Vice Presidents of Credit reporting directly to Jeff Wilkison, Senior Vice President and Chief Credit Officer. Both Jason and Jeff will be...
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June 20, 2016, 08:02 AM
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Stonebriar Commercial Finance announced the expansion of its capital solutions for clients with the creation of SCF Realty Capital and the hiring of Pete Mavoides as President.Stonebriar Commercial Finance ("Stonebriar") is a rapidly growing...
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April 20, 2016, 07:54 AM
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Stonebriar Commercial Finance LLC ("Stonebriar") announced the commencement of its operations with financial backing from Topeka, Kansas based Security Benefit Corporation ("Security Benefit").Stonebriar will provide financing solutions to a broad...
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March 11, 2015, 07:25 AM
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