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Stonebriar Commercial Finance Announces the Promotion of Kyle C. Parks to Executive Vice President
October 10, 2019
Source: Stonebriar Commercial Finance
Stonebriar Commercial Finance (“SCF”) is pleased to announce that Kyle C. Parks has been promoted to Executive Vice President and named part of the SCF Executive Management team. Kyle joined SCF in 2016 as Senior Vice President – Head of Direct Originations and currently manages SCF’s team of direct originators in the US and Canada. In addition to his management responsibilities, he also oversees Stonebriar’s growth in the energy and marine sectors. Kyle’s total financial services experience spans over 20 years and includes tenures with Wells Fargo Equipment Finance, Orix Commercial Finance and GE Capital. He holds a BA from the University of Texas at Arlington and an MBA from Texas Christian University.
“We are looking forward to Kyle joining the SCF Executive Management team. During the past three and a half years Kyle has demonstrated strong management and leadership skills overseeing all Direct marketing initiatives. In addition, Kyle has been intricately involved in multiple Technology initiatives driving efficiencies in all Marketing and Origination efforts.”, stated Dave B. Fate, President and CEO of SCF. “Kyle’s extensive market knowledge and transaction and relationship experience with prospective customers and strategic partners continues to drive our brand throughout all of our markets.”
“I am honored to join Dave and the other members of the SCF Executive Management team. I look forward to working with them in creating long term value for SCF and its stakeholders,” said Parks. “SCF is well-positioned for continued success in all of the strategic markets it serves.”
About Stonebriar Commercial Finance: 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 5 distinct platforms—General Equipment, Aviation Capital, Rail Leasing, Real Estate and Sponsor Finance. To learn more about Stonebriar Commercial Finance please visit www.StonebriarCF.com
About Eldridge Industries: Eldridge Industries is a private investment firm specializing in providing both debt and equity capital. Eldridge invests across diversified industries with a focus on media and sports, insurance, real estate development, asset lending and financing, branded food and hospitality, and asset management businesses. In particular, the firm seeks to build and grow companies led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge Industries please visit www.Eldridge.com.