Encina Equipment Finance provided a $6 million secured loan to an equipment rental company.
The facility will be used to fund the purchase of new and used 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, industries, including construction, distribution, energy, food processing, healthcare, information technology, manufacturing, mining, paper and packaging and transportation.
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