Liberty Commercial Finance, an independent equipment lease and finance company, closed a new senior lending facility with Texas Capital Bank to further expand its direct funding capabilities. This new facility comes shortly after Copley Equity Partners’ previously announced equity investment in Liberty. The size of the facility was not disclosed.
“We are extremely excited to be working with Texas Capital Bank,” Eric Freeman, founder and president of Liberty Commercial Finance, said. “This new senior lending facility, in conjunction with the Copley investment, provides a stable and committed capital base that Liberty can use to support our clients.”
“We are thrilled to provide financing to Liberty and its best-in-class management team,” Steven Katz, senior vice president of commercial lender finance at Texas Capital Bank, said. “Providing revolving lines of credit and treasury services to our lender finance borrowers is just one of the ways that Texas Capital Bank delivers substantial value for our clients at every stage of their business life cycle.”