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ENCINA BUSINESS CREDIT HIRES BOND HARBERTS AS SENIOR MANAGING DIRECTOR & HEAD OF UNDERWRITING

Chicago, IL –March 6, 2019–Encina Business Credit, LLC (EBC)announced today that Bond Harbertshas been appointed Senior Managing Director & Head of Underwriting with responsibility for leading the firm’s underwriting function. Based out of EBC’s headquarters in Chicago, he will report to Marty Battaglia (CEO) and work closely with Tom Sullivan (Chief Risk Officer), who is

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ENCINA BUSINESS CREDIT PROVIDES $25 MILLION ASSET-BASED REVOLVER TO ELECTRONIC DEVICE REPAIR COMPANY

Chicago, IL – February 21, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $25 million asset-based revolving credit facility to an electronic device repair company. The credit facility consists of a working capital revolver secured primarily by accounts receivable and inventory, the proceeds of which are being used to

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ENCINA BUSINESS CREDIT PROVIDES $35 MILLION CREDIT FACILITY TO INFORMATION TECHNOLOGY SERVICES COMPANY

Chicago, IL – February 20, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured credit facility to an information technology services company. The financing, which is comprised of a revolving line of credit, was used to fund an acquisition, repay existing senior debt and provide working

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ENCINA BUSINESS CREDIT BUILDS OUT WESTERN REGION BY HIRING INDUSTRY VETERANS MATT GRIMES AND DAVID BRAFF

Fast-Growing ABL Platform Also Promotes Tron Allen to Oversee and Continue Buildout of Central Region Chicago, IL – January 16, 2019 – Encina Business Credit, LLC (EBC) announced today that it has made several key personnel moves aimed at accelerating the already significant growth that the company experienced in 2018. Industry veteran Matt Grimes has

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Encina Business Credit Provides $45MM Credit Facility to Technical Consumer Products

Technical Consumer Products, Inc., a global manufacturer and distributor of energy efficient lighting technologies, announced that it has closed a $45 million credit facility with Encina Business Credit, LLC. TCP put in place this new credit facility following the previously-announced closure of the merger transaction of its parent company into Quality Light Source GmbH, an

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BANK OF AMERICA, WELLS FARGO, ENCINA BUSINESS CREDIT TO PROVIDE $75MM ABL TO BASIC ENERGY SERVICES

Basic Energy Services, Inc. announced earlier this month that the Company and its affiliated chapter 11 debtors obtained court approval of their prepackaged restructuring and recapitalization plan (the “Prepackaged Plan”), which received near unanimous support from voting creditors.  The Company is expected to emerge from bankruptcy as early as today. According to the “Second Plan

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