Financial Advisor
Freedom Truck Finance, LLC
Debt Capital Markets
Senior Secured Revolving Credit Facility
Transaction Details
- On October 31, 2018, Freedom Truck Finance, LLC (“Freedom” or the “Company”), a portfolio company of SunTx Capital Partners, secured a new $200 million Senior Secured Revolving Credit Facility
- Founded in 2013, Freedom is a secondary truck and trailer finance company, specializing in dealer-based financing of class 6, 7 and 8 trucks and trailers
- Transaction proceeds will be used to
- Refinance its existing senior secured credit facility, and
- Fund portfolio growth
- Stephens Inc. served as Exclusive Financial Advisor in the transaction
About the company
Based in Dallas, TX, Freedom provides indirect financing and warranty solutions to independent owner-operator truck and trailer companies, and the dealerships that support them. The Company was founded in 2013, with the goal of transforming the trucking industry through technology-driven systems, data-centric processes and a highly relational model of customer service. For more information, please visit www.freedomtruckfinance.com.
Sources: Company Provided and Publicly Available Information.
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