Encina Equipment Finance Promotes Soter to SVP, Steinberg to VP
Encina Equipment Finance promoted Jaime Soter to senior vice president and team leader and Helen Steinberg to vice president.
Encina Equipment Finance promoted Jaime Soter to senior vice president and team leader and Helen Steinberg to vice president.
Franklin BSP Lending and Franklin BSP Capital, business development companies advised by affiliates of Benefit Street Partners, acquired substantially all of the equity interests of Encina Equipment Finance.
Encina Equipment Finance promoted Rick Matte to president and CEO. Matte previously held the role of president and chief operating officer.
Encina Equipment Finance added Brian Daley to its commercial team as senior managing director and commercial leader. Daley joined Encina Equipment Finance from Stonebriar Commercial Finance.
Encina Equipment Finance upsized its senior credit facility to $330 million in total commitments. The additional capacity was provided by six existing lenders which increased their respective commitment amounts.
Encina Equipment Finance has upsized its senior credit facility to $250 million in total commitments.
Encina Business Credit and Encina Equipment Finance provided a $35 million senior secured credit facility to a medium- and long-haul trucking company.
Encina Equipment Finance signed an agreement with executive consultant Lou Vigliotti to help expand the company’s capital markets origination and execution capabilities.
Encina Equipment Finance and Great Rock Capital jointly provided a $33 million senior secured credit facility to Falcon Transport in order to help fund CounterPoint Capital Partners’ acquisition of the company.
Encina Capital Partners and an affiliate of certain funds managed by Oaktree Capital Management launched Encina Equipment Finance, a new independent equipment finance company.