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Mar 18, 2020

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Encina Equipment Finance Increases Senior Credit Facility to $330MM

Encina Equipment Finance (EEF) upsized its senior credit facility to $330 million in total commitments. The additional capacity was provided by six existing lenders that increased their respective commitment amounts.
 
EEF was represented by Reed Smith, LLP.
 
Encina Equipment Finance provides loans and leases from $5 – $50 million secured by essential-use machinery & equipment. The platform provides financing to both privately owned and publicly traded companies across a wide range of collateral types, industries and use cases.

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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