Encina Equipment Finance provided a $15 million equipment lease line to a specialized transportation company.
The facility will be used to fund the purchase of new equipment.
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 & equipment. The platform provides financing to both privately-owned and publicly-traded companies across a wide range of collateral types.
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!