POST ROAD EQUIPMENT FINANCE PROVIDES $15 MILLION LEASE TO PRECISION MACHINING COMPONENT MANUFACTURER

Westport, CT – August 21, 2023 – Post Road Equipment Finance (“PREF”, formerly known as Encina Equipment Finance) announced today that it has provided a $15 million lease to a leading precision machining component manufacturer, supplying the defense, semiconductor manufacturing, commercial aerospace, and space markets, to finance existing manufacturing equipment.

PREF was represented by Reed Smith LLP.

About Post Road Equipment Finance

Launched in June 2017, Post Road Equipment Finance provides loans and leases ranging in size from $5 million to over $100 million, secured by essential-use equipment. The platform provides financing to both privately owned (sponsor and non-sponsor) and publicly traded companies across a wide range of collateral types and industries (including, but not limited to, construction, distribution, energy, food processing, health care, information technology, manufacturing, mining, paper & packaging, and transportation).

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