Post Road Equipment Finance (PREF) closed a $40 million lease facility with a distributor of industrial products and solutions. The lease facility will enable the customer to acquire essential equipment in support of newly awarded contracts with blue-chip clients.
“This transaction represents the fourth lease facility we have completed with this customer over the past six years, totaling more than $75 million in funding across 30 equipment schedules,” Andrew Larson, managing director at Post Road, said. “As a critical provider to U.S. manufacturing, our customer plays a vital role in keeping industrial operations running efficiently. We are proud to support their continued growth and look forward to deepening our partnership in the years ahead.”
PREF was represented by Reed Smith.
