Encina Equipment Finance (EEF) and Great Rock Capital jointly announced that they have provided a $33 million senior secured credit facility to Falcon Transport (Falcon). The financing was used to help fund CounterPoint Capital Partners’ acquisition of the company.

From the date that the term sheet was signed, EEF and Great Rock closed and funded the complex financing transaction in only 18 days. Based in Youngstown, OH, Falcon is a leading trucking company with dedicated, flatbed and over-the-road capabilities that serves customers in the automotive, steel, manufacturing, general commodity and other industries.

Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 - $25 million and secured by essential-use machinery & equipment. Great Rock Capital is an asset-focused commercial finance company specializing in serving the needs of middle-market companies with a wide variety of secured lending products. CounterPoint Capital Partners is a Los Angeles-based investment firm focused on acquiring lower-middle market companies  headquartered throughout the United States and Canada with $10 million to $200 million in annual revenues.