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, …

Encina Announces the Closing of $75MM Facility with Horizon Global Corporation

Olivia Coolbrith Press, Revolving Credit Line

Chicago, IL – March 16, 2020 – Encina Business Credit, LLC (“EBC”) announces the completion of a $75.0 million revolving credit facility for Horizon Global Corporation (“Horizon”). The facility will be used to replace an existing facility and will provide for ongoing working capital. Horizon (www.horizonglobal.com), headquartered in Plymouth, Michigan, USA, was founded in 2015 …

Encina Provides $15MM Facility to Manufacturer of Engineered Products

Austin Capasso Press, Revolving Credit Line, Term Loan

Chicago, IL – February 27, 2020 – Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured credit facility to a manufacturer of aluminum extrusions and highly engineered products. The credit facility consists of a revolving line of credit based on accounts receivable and inventory and a term loan …

Encina Announces the Closing of a $25MM Credit Facility with etailz, Inc.

Olivia Coolbrith Revolving Credit Line

Encina Business Credit, LLC (“EBC”) announces the completion of a $25.0 million senior secured revolving credit facility for etailz, Inc. The facility will be used to refinance an existing facility and to support etailz ongoing working capital, capex, and general corporate requirements. etailz, Inc. (www.etailz.com), headquartered in Spokane, Washington, USA, was founded in 2008, has …

Encina Provides $10MM Facility to a Leading Provider of Oilfield Equipment & Services

Olivia Coolbrith Revolving Credit Line

Chicago, IL December 30, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $10 million senior secured credit facility to a leading provider of oilfield equipment and services. The facility consists of a revolving line of credit based on accounts receivable. Loan proceeds will be used to replace an existing …

Encina Provides $15MM Facility to a Coal Company

Olivia Coolbrith Revolving Credit Line

Chicago, IL December 18, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $15 million senior secured credit facility to a coal mining company. The facility consists of a revolving line of credit based on accounts receivable and equipment. Loan proceeds will be used to support working capital and maintenance …

Encina Provides $30MM Facility to Coal Producer

Olivia Coolbrith Revolving Credit Line

Chicago, IL December 3, 2019 – Encina Business Credit, LLC (EBC) announced today that it has provided a $30 million senior secured credit facility to a company that produces coal for blast-furnace steel production. The facility consists of a revolving line of credit based on accounts receivable and inventory. Loan proceeds will be used to …