Monroe Capital Leads $60 Million Investment in 36th Street Capital

Class B Term Loan supports continued growth of the equipment finance platform

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, today announced that it led a $60 million Class B Term Loan for 36th Street Capital (“36SC”), a specialty finance company that provides structured lease and loan solutions to large and mid-sized businesses across the U.S. The financing will support 36SC’s continued origination growth and platform expansion.

Founded in 2015 and headquartered in Morristown, NJ, 36SC finances essential-use equipment that companies depend on to operate, with a portfolio diversified across manufacturing, technology, healthcare, construction, and food and beverage.

“36th Street Capital has built a differentiated platform in essential-use equipment finance, and we are excited to support its next phase of growth,” said Kyle Asher, Co-Head of Monroe’s Alternative Credit Solutions Group. “Its deep sector expertise, flexible approach to structuring, and strong market position make it an excellent fit for Monroe.”

The investment was led by Aaron Levy and Chris Spanel, who focus on equipment finance at Monroe. The team provides debt, forward flow, and equity solutions to platforms across the small-, mid-, and large-ticket equipment leasing markets.

“We are pleased to welcome Monroe Capital as a financing partner,” said Kiran Kapur, Chief Executive Officer of 36SC. “Monroe’s experience in asset-backed and equipment leasing investments, combined with its flexible capital base, makes it an ideal partner as we continue to grow our platform and deliver customized financing solutions to clients nationwide.”

About Monroe Capital

Monroe is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 14 locations throughout the United States, Asia, Australia, Europe, and Middle East.

Monroe has been recognized by both its peers and investors with various awards including GrowthCap Advisory’s 2025 Top Private Credit Firm List; Inc.’s 2025 Founder-Friendly Investors List; DealCatalyst as the 2025 Most Innovative Private Credit CLO Manager of the Year; Private Debt Investor as the 2025 CLO Manager of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Global M&A Network as the 2024 Lower Mid-Markets Lender of the Year, Americas; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.