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ENCINA EQUIPMENT FINANCE PROVIDES $15 MILLION INCREMENTAL EQUIPMENT LEASE LINE TO ONLINE RETAILER

Westport, CT – March 24, 2022 – Encina Equipment Finance (EEF) announced today that it has provided a $15 million incremental lease financing to an online retailer of printed products and specialized gifts, for the sale leaseback of manufacturing equipment and to support new capex.


EEF was represented by Reed Smith LLP.


About Encina Equipment Finance

Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 million to $50 million secured by essential-use machinery and equipment. The platform provides financing to both privately owned (sponsor and non-sponsor) and publicly traded companies across a wide range of collateral types, industries (including, but not limited to, construction, distribution, energy, food processing, health care, information technology, manufacturing, mining, paper & packaging, and transportation) and use cases (including loans against existing or newly acquired assets, leases of newly acquired assets and sale-leasebacks of existing assets). EEF is a portfolio company of Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, business development companies advised by affiliates of Benefit Street Partners L.L.C.

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