Encina Equipment Finance, LLC (EEF) announced the promotion of Jaime Soter to Senior Vice President & Team Leader and Helen Steinberg to Vice President.
Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, Affiliates of Benefit Street Partners, Acquire Encina Equipment Finance, LLC
NEW YORK, N.Y. – Franklin BSP Lending Corporation (“FBLC”) and Franklin BSP Capital Corporation (“FBCC”), business development companies advised by affiliates of Benefit Street Partners L.L.C. (“BSP”), today announced the acquisition of substantially all of the equity interests of Encina Equipment Finance, LLC (“Encina Equipment” or “EEF”), a leading non-bank equipment finance platform providing secured leases and loans to middle-market companies. The acquisition provides EEF with a capital base to support the continued expansion of its platform as a leading equipment finance solutions provider in the US and Canada.