$10MM Lease Facility to Automotive Component Supplier

Danbury, CT – Encina Equipment Finance announced that it has provided a $10 million equipment lease line to an automotive component supplier. The facility is being used to refinance certain existing equipment leases and to fund new equipment purchases.

About Post Road Equipment Finance

Launched in June 2017, Post Road Equipment Finance provides loans and leases ranging in size from $5 million to over $100 million, secured by essential-use equipment. The platform provides financing to both privately owned (sponsor and non-sponsor) and publicly traded companies across a wide range of collateral types and industries (including, but not limited to, construction, distribution, energy, food processing, health care, information technology, manufacturing, mining, paper & packaging, and transportation).

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