Westport, CT – May 8, 2023 – Post Road Equipment Finance (“PREF”, formerly known as Encina Equipment Finance) announced today that it has provided a $10 million lease line to a leading medical device manufacturer to finance new and existing manufacturing equipment. This represents PREF’s third transaction for its client, bringing the cumulative amount funded to more than $21 million.
PREF was represented by Reed Smith LLP.
About Post Road Equipment Finance
Launched in June 2017, Post Road Equipment Finance provides loans and leases ranging in size from $5 million to $75 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). To learn more, visit http://postroadef.com.