Encina Business Credit Provides $10 Million Credit Facility to Online Consumer Products Retailer

Encina Business Credit, LLC (EBC) announced today that it has provided a $10 million senior secured credit facility to an online consumer products retailer. The credit facility consists of a revolver secured by accounts receivable and inventory, the proceeds of which have been used to refinance the company’s existing senior credit facility and to provide working capital for growth.

Read ABF Journal article here.