Encina Equipment Finance provided a $10 million equipment lease line to an automotive component supplier. The facility is being used to refinance certain existing equipment leases and to fund new equipment purchases.
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. The platform provides financing to
both privately-owned (sponsor and non-sponsor) and publicly-traded companies across a range of collateral types, industries and use cases.
What are the things you find most useful when working with funding sources? What do you find least useful? Paul Burnham: Funders, please let the TPO [third party originator] know how important they are to the organization. Answer the phone... read more
For the last half century, the equipment finance industry has continued to grow year over year. Starting at $29 billion in 1960, the industry has grown to over a trillion dollars in 2018. Industry veterans still remember a time when... read more