Daily News: January 5, 2018

Encina EF Signs Former GE Capital Exec Vigliotti

Encina Equipment Finance signed an agreement with executive consultant Lou Vigliotti to help expand the company’s capital markets origination and execution capabilities. Vigliotti was a founding member of GE Capital’s Equipment Capital Markets organization following GE Capital’s acquisition of Maryland National Leasing in 1990. He eventually assumed responsibility for GE Capital’s equipment buy desk and syndication platforms in the U.S., Canada and Latin America, during which time he managed well in excess of $20 billion in equipment loan and lease transactions before retiring from GE Capital in April 2016.

In connection with this announcement, Rick Matte, EEF’s president and chief commercial officer, stated, “My colleagues and I have tremendous respect for Lou and what he’s accomplished in his career, and we feel very fortunate to be working with him again. We’ve made significant strides since launching our platform in June 2017, and we’re confident that Lou’s involvement will help accelerate our pace of growth in 2018 and beyond.”

Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 milion to $50 million and secured by essential-use machinery & equipment.