SLR Equipment Finance announced the closing of a new $350 million credit facility with Bank of America, N.A. and Truist Bank to support the growth of its equipment finance business over the next several years.

SLR Equipment Finance specializes in providing custom equipment lease and loan financing solutions across many industries and equipment categories. “We could not be more excited to be partnering with two world class organizations, who offer a comprehensive suite of services to support our portfolio growth and allow us to grow our relationships with our customer and vendor partners,” said Paul Gentile, Chief Financial Officer at SLR Equipment Finance.

Tom Casey, SLR Equipment Finance President and CEO, added, “This level of financial support provides significant overall strength for the future of our business. This new credit facility combined with our best-in-class Member base positions SLR Equipment Finance to deliver attractive equipment financing solutions for our small, mid and large corporate customers.”