Stonebriar Commercial Finance (SCF) has provided a $9.8m, 60 month term loan refinancing for a 15 year old Bombardier Global Express business jet.
The borrower is a leading aviation company that provides a wide array of turnkey aviation solutions to an extensive and diverse client base of corporations, governments, and individuals throughout the world.
Michael Amalfitano, EVP, senior managing director, Business Aviation Finance at Stonebriar said: “SCF worked closely with our client to tailor a cost effective and creative financing solution that capitalized on our extensive knowledge in business aviation assets to solve the client’s aircraft and financial objectives, as well as provide a secured asset strategy to address the future opportunities for the client’s growing business.”
Stonebriar is a privately held commercial finance company established in April 2015 and based in Plano, Texas. Since its inception, Stonebriar has funded and committed to in excess of $550 million in financing.
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