Capteris Provides $15MM Lease Line to Global Tier One Manufacturer

Capteris provided a $15 million lease line for various manufacturing equipment with a global tier one automotive supplier. The deal is composed of a sale leaseback on existing injection molding assets along with a lease line for new production equipment.

“Our knowledge of the industry and collateral allowed us to put forth a solution that helped our customer meet the demands of the Tier 1 segment while providing optimal flexibility,”

Todd Sinclair, senior managing director and head of sales for Capteris, said.

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