CapX Partners Announces $6MM Equipment Lease to Manufacturer

August 19, 2020

Source: CapX Partners

CapX Partners (CapX), a leading middle-market equipment finance provider, announced the completion of a $6 million true lease transaction to a well-established manufacturing company for a critical upgrade to its plant in the Northeast U.S.

A trusted Capital Markets partner presented the transaction to CapX as a critical tranche for a $38 million plant upgrade. “We appreciated the opportunity to help fulfill syndication needs on the transaction,“ stated Jeffry Pfeffer, Managing Partner. “Despite the current challenging environment, we were able to move quickly to approve and fund in the second quarter.”

About CapX Partners

CapX Partners provides equipment finance and term debt solutions to middle-market companies seeking growth and liquidity. Founded in 1999, CapX invests between $1M and $30M across manufacturing, distribution, technology, energy, and healthcare sectors throughout the U.S. and Canada. With leading-edge technology and quick turnaround, CapX's experienced management brings value to every transaction. CapX Partners is part of Accord Financial, founded in 1978 and traded on the Toronto Stock Exchange (ACD.TO). For more information on CapX, visit www.capxpartners.com.

 

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