Siena Lending Group Provides $60 Million in Working Capital Facilities to Taskmaster Components

December 15, 2025

Source: Siena Lending Group LLC

Siena Lending Group LLC (“Siena”), today announced the closing of a $60,000,000 asset-based credit facility for Taskmaster Components (“Taskmaster”), a premier provider of cargo and utility trailer tires, wheels, components, and assemblies to OEMs, distributors, and dealers across North America.

 Taskmaster Components is pleased to participate in an engagement with Siena Lending.  The global economy has made it easy to find capital, but finding a lender with innovation and understanding is unique.  In Siena, we found thought partners”, stated Amanda Walker, CEO. 
 
“We are excited to walk with Taskmaster through its next growth cycle, a company with deep and longstanding customer and vendor relationships” said Suzanne Lovett, Director of Southwest Originations for Siena Lending Group. “Our financing solution provides the working capital support necessary to help the company execute on its strategic plans and continue its long tradition of excellence in the utility trailer tire market”.

About Siena Lending Group:
Siena Lending Group is a leading asset based lender providing financing solutions from $20 to $500 million across the United States and Canada. Siena provides senior secured solutions to privately held middle-market companies and publicly traded industry leaders across most sectors and has earned a reputation as a trusted financing partner to private equity firms and other financial sponsors. Since 2012, Siena has consistently found creative ways to provide borrowers with maximum flexibility and liquidity. With deep lending experience and expertise in complex situations, clients know Siena brings the patience and perspective to help them work through challenges and achieve their long-term visions. 

Siena is a portfolio company of Franklin BSP Capital Corporation, an affiliate of Benefit Street Partners L.L.C. ("BSP"). BSP, a leading credit-focused alternative asset management firm, is a wholly-owned subsidiary of Franklin Resources, Inc.

For more information, visit www.sienalending.com or contact a Siena team member.

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