Currently Browsing:Uncategorized

Encina Business Credit Adds Daniel Debrauwere and Steven Janson to Its Business Development Team

ENCINA BUSINESS CREDIT ADDS DANIEL DEBRAUWERE AND STEVEN JANSON TO ITS BUSINESS DEVELOPMENT TEAM Chicago, IL – June 3, 2019 – Encina Business Credit, LLC (EBC) announced today that Dan deBrauwere and Steve Janson have joined the company as Business Development Officers. Mr. deBrauwere, who will cover southern California from Los Angeles, is a well-respected

Read More

Encina Business Credit Provides $24MM Facility to Oilfield Services Company

 ENCINA BUSINESS CREDIT PROVIDES $24MM FACILITY TO OILFIELD SERVICES COMPANY Chicago, IL  May 17, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $24 million senior secured credit facility to an oilfield services company. The facility consists of a revolving line of credit and a term loan.  Loan proceeds were

Read More

ENCINA BUSINESS CREDIT ADDS CHRIS CLIFFORD AS ITS CHIEF OPERATIONS OFFICER

Chicago, IL – April 30, 2019 – Encina Business Credit, LLC (EBC) announced today that Chris Clifford has joined the company as its Chief Operations Officer.  Mr. Clifford, who will work at EBC’s headquarters in Chicago, is a 30-year veteran of the asset-based finance industry having worked most recently at US Bank where he was

Read More

Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured revolving credit facility to an oil field services company.

ENCINA BUSINESS CREDIT PROVIDES $35MM REVOLVER TO OIL FIELD SERVICES COMPANY   Chicago, IL –April 25, 2019–Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured revolving credit facility to an oil field services company. The credit facility is based on accounts receivable, inventory, and machinery & equipment. The

Read More

Encina Business Credit, LLC (EBC) announced today that Dan Williams has joined the company as a Managing Director

Chicago, IL – April 22, 2019 – Encina Business Credit, LLC (EBC) announced today that Dan Williams has joined the company as a Managing Director.  He and Sean Sheehan will co-lead origination efforts throughout the northeast, focusing on New York and Boston, and they will report to Rob McMahon, Encina’s Chief Commercial Officer. Mr. Williams

Read More

Encina Business Credit, LLC (EBC) announced today that it has provided a $57.5 million senior secured revolving credit facility to a manufacturer and supplier of concrete construction products.

Chicago, IL –April 18, 2019–Encina Business Credit, LLC (EBC) announced today that it has provided a $57.5 million senior secured revolving credit facility to a manufacturer and supplier of concrete construction products. The credit facility consists of a revolving line of credit based on accounts receivable, inventory, and a rental fleet. The loan will be

Read More

Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured revolving credit facility to an oil field services company

Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured revolving credit facility to an oil field services company. The credit facility consists of a revolving line of credit based on accounts receivable and inventory, and it will be used for anticipated growth of the company. Launched in March

Read More

ENCINA BUSINESS CREDIT ADDS JIM B. ALLIN TO ITS CENTRAL REGION BUSINESS DEVELOPMENT TEAM

Chicago, IL – March 27, 2019 – Encina Business Credit, LLC (EBC) announced today that Jim B. Allin has joined the company as Managing Director to lead origination efforts in Texas and Louisiana. Mr. Allin has more than 35 years of experience in asset-based lending and international commercial banking. He previously served as the head

Read More

ENCINA BUSINESS CREDIT, LLC (EBC) aNNOUNCED TODAY THAT IT HAS PROVIDED A $15 MILLION SENIOR SECURED

Chicago, IL –March 14, 2019–Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured revolving credit facility to a metal engineering and fabricating company. The credit facility consists of a revolving line of credit based on accounts receivable and inventory. Launched in March 2016, EBC is an independent asset-based

Read More

ENCINA BUSINESS CREDIT PROVIDES $42 MILLION CREDIT FACILITY TO CONSUMER PRODUCTS COMPANY

Chicago, IL –March 5, 2019–Encina Business Credit, LLC (EBC)announced today that it has provided a$42million senior secured credit facility to a consumer products company. The credit facility consists of a revolving line of credit and two term loans, the proceeds of which are being used to refinance existing debt and fund working capital for growth.

Read More