Encina Provides $35MM Revolving Credit Facility to Retailer

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $35 million senior secured revolving credit facility to a retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory, was used to refinance the borrower’s existing facility. Encina’s demonstrated track record in the retail industry, provided the borrower …

Encina Provides $40MM Revolving Credit Facility to Food Packaging Company

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $40 million senior secured revolving credit facility to a food packaging company. The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory, was used to refinance the borrower’s existing bank facility. Encina arranged to bring in another lender to …

Encina Provides $30MM Revolving Credit Facility to E-Commerce Retailer

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $30 million senior secured revolving credit facility to an e-commerce retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable, credit card receivables, and inventory, was used by the company’s private equity investor to finance its acquisition and ongoing working …

Encina Provides $80MM Credit Facility to Provider of Business Process Services

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided an $80 million senior secured revolving credit facility to a leading global provider of Business Process Services. The senior secured revolving line of credit, which is collateralized by accounts receivable, was used to finance ongoing working capital financing. Encina’s demonstrated track record for closing similar …

Encina Provides $75MM Credit Facility to Provider of Government & Business Services

Austin Capasso Press, Revolving Credit Line

Chicago, IL October 8, 2020 – Encina Business Credit, LLC announced today that it has provided a $75 million senior secured revolving credit facility to a leading global provider of risk management and operational support services to government and commercial clients. The senior secured revolving line of credit, which is collateralized by accounts receivable, was …

Encina Provides $72.5MM Facility to Manufacturer of HVAC Products

Austin Capasso Press, Term Loan

Chicago, IL – September 30, 2020 – Encina Business Credit, LLC announced today that it has provided a $72.5 million senior secured credit facility to a leading manufacturer and distributor of heating, ventilating and cooling products used in both residential and commercial  applications. The credit facility, comprised of both a revolver and term loan, provided …

Encina Provides $50MM Revolving Credit Facility to News Publishing Company

Austin Capasso Press, Revolving Credit Line

Chicago, IL September 18, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $50 million senior secured credit facility to a news publishing company. The facility consists of a senior secured revolving line of credit based on accounts receivable and inventory. Loan proceeds will be used to support a purchase …

Encina Provides $12.5MM Revolving Credit Facility to a Marketing Services Provider

Austin Capasso Press, Term Loan

Chicago, IL July 27, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $12.5 million senior secured credit facility to a provider of digital and telephonic marketing services. The facility consists of a senior secured revolving line of credit based on accounts receivable. Loan proceeds will be used to pay …