Encina Equipment Finance, LLC (EEF) announced the addition of two experienced executives who will strengthen EEF’s Commercial and Finance teams.
David Johnson joined EEF as Managing Director, Business Development and is focused on originating new equipment loans and leases for non-investment grade companies. Prior to joining EEF, Johnson was responsible for raising capital facilities for equipment finance and specialty finance clients for two broker-dealers, Brean Capital and KGS-Alpha. Previously he held several roles over nine years with GE Capital and GE-Antares Capital, where he focused primarily on originating, structuring and underwriting securitization facilities. Prior to joining GE, he had worked on the securitization desk and the credit team at Barclays Capital. He received an MBA from NYU Stern School of Business and a BS in Civil Engineering from Lehigh University.
Carlos Nascimento joined EEF as Senior Vice President, Finance and is focused on financial planning and analysis, and treasury activities, including the operation and further expansion of EEF’s financing facilities. Prior to joining EEF, Nascimento was a Senior Manager in corporate treasury at GE Capital, where he led efforts to analyze, and enhance reporting, on industrial cash flows. Prior that role, he held positions of increasing responsibility at JP Morgan, Synchrony Financial, and GE Capital’s commercial real estate division. He received a BBA in Accounting from Iona College.
Johnson and Nascimento will be based at EEF’s headquarters in Westport, CT.
Rick Matte, EEF’s President and Chief Commercial Officer, remarked, “I am delighted to welcome David and Carlos to EEF. David has a demonstrated track record of developing strong relationships and executing on customer-centric solutions for sponsors and equipment finance companies. Carlos is a seasoned financial leader with relevant experience in treasury management, planning and forecasting, and analysis that are essential for EEF. Each of David and Carlos will be instrumental in driving and enabling EEF’s plans to further grow its high-quality equipment finance portfolio.”
Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 million to $50 million secured by essential-use machinery and 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, health care, information technology, manufacturing, mining, paper & packaging, and transportation) and use cases (including loans against existing or newly acquired assets, leases of newly acquired assets and sale-leasebacks of existing assets).