United Leasing & Finance, a provider of equipment finance solutions, closed a $125 million revolving credit facility and a $300 million warehouse facility. These strategic facilities will significantly enhance the company’s capacity to support the equipment needs of its growing customer base.
Bank of America served as the administrative agent and lender for both facilities, with BofA Securities acting as the lead arranger and bookrunner to the revolving credit facility. U.S. Bank and Truist Bank also participated as lenders.
With these credit facilities in place, the company is well-positioned to accelerate its growth and continue driving innovation in the equipment finance sector.
“We are thrilled to have the support of Bank of America, U.S. Bank and Truist Bank,” Rick Schulz, chief financial officer of United Leasing & Finance, said. “Their confidence in our business model and growth strategy is a key factor in our success. These facilities enable us to offer even more flexible and competitive equipment financing solutions to our clients.”
