Stonebriar Commercial Finance provided a $19 million loan to a family-owned forest products company. The loan is secured by all real and personal property along with the timber rights of the company and reflects a total commitment by Stonebriar of approximately $43 million. Proceeds of the overall commitment were used in the construction of a state-of-the-art plywood and veneer facility which replaced a facility previously destroyed by fire.
Stonebriar, an Eldridge Industries portfolio company based in Plano, TX, is a leading provider of financing solutions for businesses in a wide variety of industries, of various sizes and credit profiles. Stonebriar leases and finances assets located primarily in North America and select other jurisdictions worldwide currently through four distinct platforms—General Equipment, Aviation Capital, Rail Leasing, and NonBank Lender, a provider of SBA-supported solutions. Stonebriar’s portfolio also includes Essential Properties Realty Trust, a single tenant real estate firm currently with 508 properties leased to more than 117 tenants throughout the U.S.