Press Releases

Encina Business Credit, LLC (EBC) announced that it has provided a $12 million senior secured credit facility to a distributor of specialty steel products based in the southern U.S. The financing, which is comprised of a revolving line of credit and a term loan, will be used to refinance certain of the company’s existing indebtedness

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Encina Business Credit, LLC (EBC) announced that it has provided a $23 million senior secured credit facility to Tejas Tubular Products, Inc. and certain of its affiliates (Tejas). The financing, which is comprised of a revolving line of credit and a term loan, will be used to refinance certain of the company’s existing indebtedness and to

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Encina Capital Partners announced that Robert McMahon has joined the firm as Chief Operating Officer. Based in Encina’s office in Stamford (CT), Mr. McMahon will be responsible for a broad range of key commercial, operational and strategic functions in support of the firm’s existing commercial finance platforms – Encina Business Credit and Encina Equipment Finance –

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Encina Business Credit, LLC (EBC) announced that it has provided a $20 million senior secured credit facility to Times Publishing Company and its subsidiaries. The financing, which is comprised of a revolving line of credit and two term loans, will be used to refinance the company’s existing senior credit facility and to provide working capital for

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Encina Business Credit announced that it has provided a $25 million asset-based revolving credit facility to a government services company that is based in the Mid-Atlantic region of the U.S. The credit facility consists of a revolver secured by accounts receivable, the proceeds of which will be used primarily to provide working capital for growth. Launched

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Encina Capital Partners, LLC (Encina) and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (Oaktree Investor) together announced today that they have launched Encina Equipment Finance, LLC (EEF), a new independent equipment finance company targeting non-investment grade borrowers in the U.S. and Canada that cannot obtain required equipment financing from traditional banks. Headquartered in Danbury

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Chicago, IL – February 13, 2017 – Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million asset-based revolving credit facility to a manufacturer and service provider for the oil & gas industry that is based in the Southwestern U.S. The credit facility consists of a working capital revolver secured primarily

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Encina Business Credit, LLC (EBC) announced that it has provided a $15 million asset-based revolving credit facility to a manufacturer and service provider for the oil & gas industry that is based in the Southwestern U.S. The credit facility consists of a working capital revolver secured primarily by accounts receivable and inventory, the proceeds of

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ENCINA BUSINESS CREDIT PROVIDES $30 MILLION CREDIT FACILITY TO VERTEX ENERGY Chicago, IL – February 8, 2017 – Encina Business Credit, LLC (EBC) announced today that it has provided a $30 million senior secured credit facility to Vertex Energy, Inc. (Vertex). The financing, which is comprised of a revolving line of credit, a funded term loan

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