Encina Provides $25MM Revolving Credit Facility to E-Commerce Retailer

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that is has provided a $25 million senior revolving credit facility to an e-commerce retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable, and inventory, was used to provide working capital financing.  In addition, the facility offers a $10 million accordion feature that allows …

Encina Provides $21MM Revolving Credit Facility to Retail Pharmacy Chain

Austin Capasso Press, Revolving Credit Line

Encina Business Credit, LLC announced today that it has provided a $21 million senior secured revolving credit facility to a regional retail pharmacy chain. The senior secured revolving line of credit, which is collateralized by accounts receivable, inventory, and prescription scripts was used to refinance the borrower’s existing facility and contains a committed accordion that …

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 $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 $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, …