Encina Equipment Finance provided a $10 million equipment lease line to a private label food manufacturer. The equipment lease line is being used to finance in-place equipment.
Reed Smith represented Encina Equipment Finance on the transaction.
Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 million to $50 million and secured by essential-use machinery and equipment.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!