- CIT to Acquire Mutual of Omaha Bank
- TAB Bank Provides $5 Million to CoreCentric Solutions, Promoting Sustainable Appliance Remanufacturing
- SFNet Wins Safe Harbor Fight in California
- PPL Group Sells Structural Steel Fabrication Business as a Turn-Key Facility
- Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
Encina Lender Finance Provides $30 Million Senior Credit Facility to Small-Ticket Equipment Finance Platform
April 12, 2024
Source: Encina
ATLANTA, GA – April 11, 2024 – Encina Lender Finance, LLC announced today that it has closed a $30 million senior credit facility for a small-ticket equipment finance platform.
The borrower will use this facility to originate new equipment leases.
About Encina Lender Finance
Headquartered in Atlanta, Encina Lender Finance offers revolving lines of credit and term loans ranging in size from $20MM – $100MM to emerging and established specialty finance companies across commercial and consumer asset classes. Targeted commercial asset classes include asset-based lending, factoring, equipment finance, floorplan finance, private credit, CRE bridge lending, and SMB lending. Targeted consumer asset classes include secured vehicle finance, unsecured installment and revolving loans (direct-to-consumer or POS), and debt consolidation loans.
Visit our website at https://lenderfinance.encinacapital.com.
