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Monroe Capital Leads $60 Million Investment in 36th Street Capital
Class B Term Loan supports continued growth of the equipment finance platform
CHICAGO, September 17, 2026–(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.”
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.
