36th Street Capital extended and upsized its senior secured revolving credit facility to $280 million, marking an increase of $110 million. The credit facility includes six lenders and is led by Capital One as agent.
36th Street Capital served as lessor of record and servicer for $40 million in equipment financing of manufacturing equipment dedicated to the production of electric vehicle components. 36th Street funded $14 million of the total financing package.
36th Street Capital Partners, an independent provider of alternative funding solutions for the equipment financing industry, appointed Wayne Tentler executive vice president of sales.
36th Street Capital expanded its three-year, expandable senior secured revolving credit facility to $100 million, an increase of $25 million.
Capital One closed a three-year, $50 million expandable senior secured revolving credit facility for 36th Street Capital Partners.
36th Street Capital funded an $8 million lease financing of mission critical equipment for a provider of electrical infrastructure and automation services to the oil and gas sector.
Gerard K. Kammerer was named chief risk officer by 36th Street Capital. Kammerer was formerly a senior credit officer at CIT Group.
36th Street Capital Partners, an independent provider of financing solutions for the equipment leasing industry, formed a joint venture with Tennenbaum Capital Partners.