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 …

Encina Provides $70MM Revolving Credit Facility to a Processor and Distributor of Milk

Austin Capasso Press, Revolving Credit Line

Chicago, IL July 21, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $70 million senior secured revolving credit facility to a leading national processor and distributor of branded and private label milk. The revolver was provided to help finance the acquisition of the company and to provide ongoing working …

Encina Provides $35MM Facility to a Leading Supplier and Distributor of Paint Supplies

Austin Capasso Press, Revolving Credit Line

Chicago, IL June 22, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $35 million senior secured credit facility to a leading retailer and distributor of paint and paint supplies. The facility consists of a senior secured revolving line of credit based on accounts receivable and inventory. Launched in 2016, …