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ENCINA EQUIPMENT FINANCE PROVIDES $8 MILLION LOAN TO AN ENVIRONMENTAL REMEDIATION COMPANY

Westport, CT – June 27, 2022 – Encina Equipment Finance (EEF) announced today that it has provided a $8 million leas line to an environmental remediation company for the purchase of heavy-duty and light-duty trucks.


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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