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Post Road Equipment Finance Provides $15MM Equipment Lease Line to Manufacturer

September 11, 2023, 07:26 AM
Filed Under: Equipment Finance News

Post Road Equipment Finance (PREF, formerly known as Encina Equipment Finance) announced it has provided a $15 million lease line to a global leading orthopedic implant device manufacturer to finance new and existing manufacturing equipment.

“Post Road was able to provide a creative and flexible lease facility to provide both capital lease and operating lease options to address our client’s credit facility requirements. We are excited to close our first lease facility with this Sponsor as we continue to expand our relationships and scope of solutions,” said David Johnson, Managing Director of Post Road Equipment Finance.

PREF was represented by Reed Smith LLP.

For more equipment finance and leasing industry news, visit Equipment Finance Advisor.

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