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POST ROAD EQUIPMENT FINANCE PROVIDES $25 MILLION EQUIPMENT LEASE LINE TO PLASTICS AND RUBBER MANUFACTURER

Westport, CT – July 1, 2024 – Post Road Equipment Finance (“PREF”) is pleased to announce that it has provided a $25 million lease line to a leading designer and manufacturer of protective cases, portable lighting, and temperature-controlled packaging. This company serves a diverse range of industries, including consumer, government, and pharmaceutical sectors.


This strategic investment will finance critical machinery and equipment, enabling the company to drive new product innovation, expand production capacity, and enhance margins through increased automation. The company sought to unlock liquidity from the recent capital investments and ensure ongoing capacity for capital expenditures, partnering with a lender capable of swift and seamless execution.


“PREF successfully closed the lease facility within a few weeks, reimbursing the company for recent substantial investments in equipment and establishing a line to support future expenditures. We are thrilled to support a company experiencing significant growth and to strengthen our relationships with their sponsor. We look forward to leveraging our resources to continue supporting the company’s evolving needs,” stated Wren Rex, Senior Managing Director, Originations.


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.

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