Alliance Equipment Finance has closed a senior credit facility with Deutsche Bank and formed a capital partnership with funds managed by Oaktree Capital Management to accelerate its large-ticket equipment financing strategy.
The partnership brings together Alliance Equipment Finance (AEF)’s agile financing platform with Oaktree’s asset-backed finance expertise and institutional capital base, according to a May 12 AEF release. LightBrook Capital supported the capital raise.
Deutsche Bank served as lead lender on the transaction, according to the release. Oaktree, a global alternative investment firm with $203 billion in assets under management as of March 31, will support AEF’s expansion in the equipment finance sector by delivering tailored capital solutions and structuring capabilities.
The partnership is effective immediately, with both firms focused on enhancing growth and value for clients in the equipment leasing space. AEF provides financing solutions for transactions ranging from $5 million to $50 million across industries and asset types.
The third annual Equipment Finance Connect, which takes place at the JW Marriott Nashville on May 14-15, is the only event for both equipment dealers and finance providers. Learn more and register here.