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Centra Funding Acquires LeaseQ and Its Restaurant and
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Centra Funding Acquires LeaseQ and Its Restaurant and Franchise Team, Launching Centra Culinary Finance
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Centra Funding, LLC Closes US $65 Million Securitization
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PLANO, Texas, March 17, 2021 /PRNewswire/ Centra Funding, LLC ( Centra ) is excited to announce the completion of its first securitization of equipment finance receivables: Centra Funding 2021-1.
The proceeds from this securitization amount to approximately $65 million and will be used for the continuing growth of Centra s business. Wells Fargo Securities was the structuring agent and placement agent for the transaction.
Centra Funding, LLC
John Boettigheimer, Centra s President, stated, This is a testimony to the strength and continuing growth of Centra. Our aggressive but commonsense approach to financing even through the pandemic has positioned us as a leading American equipment finance company. This transaction is an important milestone in our development, has diversified Centra s funding sources, and significantly improved our cost of funds. Its success w