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(Shelton, CT.) Capteris LLC, the 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.
About Capteris
Capteris, in strategic alliance and financial backing via funds managed by Apollo Global Management, is a private credit provider of equipment finance solutions targeting the midmarket, large corporate, and sponsor finance segments. With strong financial backing, flexible custom solutions, and deep domain expertise, Capteris is an attractive alternative to traditional equipment finance providers. From leases and loans to refinancing and asset-backed debt solutions, Capteris offers competitive products and attractive structures to meet the needs of their individual clients.