Encina Provides $4MM Loan to Scrap Metal Company



Encina Equipment Finance provided a $4 million equipment loan to a leading scrap metal services company.

The loan will be used to fund new and used equipment purchases.

Encina was represented by Reed Smith 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 & equipment. The platform provides financing to both privately-owned and publicly traded companies across a wide range of collateral types, industries and use cases.

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