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.

$20MM Equipment Lease to Environmental Services Provider

Westport, CT – Encina Equipment Finance (EEF) announced today that it has provided a $20 million equipment lease line to a leading provider of environmental services to the power generation industry.  The lease line is being used to fund new equipment. EEF was...

Encina Equipment Finance Adds Leinfelder to Operations Team

Encina Equipment Finance (EEF) is pleased to announce that Valérie Leinfelder has joined its Operations team as Vice President. In her new role with EEF, Leinfelder will be responsible for key operations functions related to new commercial leases/loans including the...

Encina Equipment Finance Promotes Matte to President and CEO

Encina Equipment Finance promoted Rick Matte to president and CEO. Matte previously held the role of president and chief operating officer. Following this promotion, Matte will have oversight of and responsibility for Encina Equipment Finance’s commercial, risk,...