Encina Equipment Finance announced that it has provided a $6 million secured loan to an equipment rental company. The facility is being 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 - $50 million and secured by essential-use machinery & equipment. The platform provides financing to both privately-owned (sponsor and non-sponsor) and publicly-traded companies across a wide range of collateral types, industries (including, but not limited to, construction, distribution, energy, food processing, healthcare, information technology, manufacturing, mining, paper & packaging, and transportation) and use cases (including loans against existing or newly-acquired assets, leases of newlyacquired assets and sale-leasebacks of existing assets).